SAIP

Release a Trademark Mortgage

The Service for Releasing a Trademark Pledge is a regulatory procedure provided by the Saudi Authority for Intellectual Property that allows the trademark owner or the pledgee (the beneficiary of the pledge) to terminate the official pledge agreement on the trademark, returning full ownership and the rights to dispose of the trademark to the original owner. The pledge release occurs when the debt or pledge obligation is fully settled according to the contract terms, by mutual agreement, or via the settlement of related disputes, thus freeing the trademark from all restrictions and restoring its full legal status.

The release process is conducted by submitting an electronic request through the Authority’s portal by the owner or pledgee, specifying the trademark number, parties’ information, and the reason for the pledge release, along with supporting documents such as debt settlement receipts, mutual agreement documents, or court rulings on pledge release. The Authority reviews the documents, and upon approval, updates the trademark register to officially remove the pledge record. Full rights return to the owner, who can freely transfer or use the trademark without the pledgee’s consent as the rights are legally and orderly settled.

Importance of the Service for Releasing a Trademark Pledge

Restores the original owner’s full legal rights and freedom to dispose of their trademark.
Eliminates the legal constraints and settles the financial obligations associated with the pledge.
Enables the owner to transfer or reinvest the trademark without additional restrictions.
Officially documents the trademark status with all governmental and banking entities.
Resolves potential disputes between parties after the pledge period, ensuring everyone’s rights.

Challenges in Completing or Issuing the Release of a Trademark Pledge

Necessity to attach complete documents proving the pledge termination (release contract, debt settlement receipt, court ruling, etc.).
Legal procedures or court actions may be required to resolve disputes.
Possible delays or refusal if documents are incomplete or do not match official records.
Need to update trademark-related transactions with banks or commercial partners after the pledge release.
Administrative costs or fees may be relatively high or vary depending on contract size and trademark type
Target Sector Trader
Affiliated Authority Saudi Authority for Intellectual Property
Estimated Duration10 days
Gov Approval Window5 working days
Service Pricing4144
Government Fee1000

Mandatory Conditions

  • ✓ Availability of the required documents according to the type of applicant (individual-institution-company).

Required Documents

  • ✓ If the applicant is an individual, the following must be submitted: 1- The mortgage release contract from the trademark owner (it must stipulate the name of the trademark, the registration certificate number, its date, and its category). 2- Authorizing the buyer to complete the procedures for releasing the mortgage on the mark. 3- Attach a notarized power of attorney or authorization for the person who has the capacity to apply, “a duly certified power of attorney or certified by an apostille certificate.” -If any-.
  • ✓ If the applicant is an institution, the following must be submitted: 1- A contract to release the mortgage from the trademark owner on his printed materials, authenticated by the Chamber of Commerce (it must stipulate the name of the trademark, the registration certificate number, its date, and its category). 2- Submitting a letter from the person whose mortgage has been released (the buyer) on his publications to the administration requesting the transfer of ownership, mentioning the name of the trademark, registration certificate number, date, and category. 3- Attach a notarized power of attorney or authorization for the person who has the capacity to apply, “a duly certified power of attorney or certified by an apostille certificate.” -If any-.
  • ✓ If the applicant is a company, the following must be submitted: 1- A contract to release the mortgage from the trademark owner on his printed materials, authenticated by the Chamber of Commerce (it must stipulate the name of the trademark, the registration certificate number, its date, and its category). 2- The incorporation contract of the mortgaged company, to ensure the validity of signing the attached mortgage release contract. 3- Submitting a letter from the person whose mortgage has been released (the buyer) on his publications to the administration requesting the transfer of ownership, mentioning the name of the trademark, registration certificate number, date, and category. 4- Attach a notarized power of attorney or authorization for the person who has the capacity to apply, “a duly certified power of attorney or certified by an apostille certificate.” -If any-.