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The Transfer Of Copyright Ownership Form is a crucial legal instrument used in Austria when permanently transferring copyright ownership from one party to another. This document is essential when creators, companies, or rights holders wish to sell or otherwise transfer their copyright interests entirely, rather than just licensing them. The form must comply with the Austrian Copyright Act (Urheberrechtsgesetz) and relevant EU regulations, making it more comprehensive than a simple assignment. It's commonly used in situations such as company acquisitions, sale of creative works, or transfer of intellectual property portfolios. The document must be in writing and typically includes detailed descriptions of the work(s), transfer terms, warranties, and consideration, ensuring legal certainty for all parties involved.
