Patent can be mortgaged

Patent Law Article 10 Patent application rights and patent rights can be transferred. Chinese units or individuals to foreigners, foreign enterprises or other foreign organizations to transfer the right to apply for patents or patent rights, shall be in accordance with the provisions of relevant laws and administrative regulations for formalities. Where a patent application right or a patent right is transferred, the parties concerned shall enter into a written contract and register it with the patent administrative department under the State Council, and the patent administrative department under the State Council shall make a public announcement. The transfer of the patent application right or patent right shall take effect from the date of registration.