What is patent pledge registration?

Copyright pledge registration means that the debtor or the third party pledges the property right in its copyright according to law and takes this property right as the guarantee of creditor's rights. When the debtor fails to perform the debt, the creditor has the right to discount it according to law or give priority to compensation with the price of auction or sale of the property. The above creditors are pledgees, and the debtor or the third party is the pledger.

legal ground

Article 394 of the Civil Code

In order to ensure the performance of the debt, if the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, if the debtor fails to perform the due debt or realize the mortgage according to the agreement of the parties, the creditor has the right to be compensated in priority for the property.

The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.

Article 4 of the Measures for the Registration of Copyright Pledge

Where the copyright is pledged, the pledger and the pledgee shall conclude a written pledge contract, and both parties shall register the copyright pledge with the registration authority.

The pledgor and the pledgee may handle it by themselves or by entrusting an agent.

Article 5

The establishment, alteration, transfer and extinction of the copyright pledge shall take effect when it is recorded in the copyright pledge register.