In a pledge, the person who provides the property is called the pledger.
A written contract shall be signed for pledge guarantee. The pledge contract shall take effect when the pledged object or the pledge right is transferred to the pledgee's possession. The contents of the pledge contract are basically the same as those of the mortgage contract.
The pledgee, also called the pledgee, refers to the person who occupies the property and will be repaid first with the price of the property if the debtor fails to perform the debt, or with the proceeds from the auction or sale of the property.
The first obligation of the pledger is to deliver the patent certificate and other supporting documents to the pledgee.
A patent certificate is a document proving whether the patent right exists and whether the patent right belongs to the pledgor. The delivery of patent certificates and other supporting documents has the following significance:
1. Prove that the patent right as the subject of the pledge is a valid right;
2. Prove that it is the subject of the pledge The subject patent right belongs to the pledgor;
3. It indicates that from the date of delivery of the patent certificate and other supporting documents, the patentee can no longer freely exercise its patent right;
4. Once the patent right that is the subject of the pledge has a rights defect, such as the patent right being declared invalid or revoked, the Patent Office will notify the patentee to return the "Patent Certificate", so that the pledgee can accurately Know the changes that have occurred in the patent right, so as to promptly require the pledger to provide other pledges as guarantee to protect its own rights;
5. Deliver other supporting documents so that the pledgee can fully Understand the situation of patent rights and better exercise and protect your rights;
6. When the debtor fails to perform its obligations when due, the pledgee will transfer the patent to the patent in accordance with the contract or legal provisions. If the patent right is discounted or auctioned or sold, the patent right will be compensated first from the price of the auction or sale; when the pledgee has the patent certificate and other supporting documents, it will be more convenient to exercise the auction or sale action.