Intellectual Property (IP) Assignment Agreements are contracts that establish the ownership of IP such as copyrights, trademarks, and patents by transferring it from one party to another. They serve a wide variety of functions but are most often used to transfer IP that is owned by an individual creator to a company. This ensures that the company won’t have any issues if the creator of the IP leaves, dies, or in any way changes their mind about their creations. These agreements are essential for companies that are trying to attract investors.