The exclusive license must not only be written and signed by all parties to the licensing agreement, it is recommended that the parties register an exclusive license with the United States Copyright Office. By registering the exclusive licensing agreement, there is a greater basis of evidence to resolve future disputes. The registration of the license also helps to inform other parties of the exclusive agreement granted to the licensee. Copyright first grants the author of these works all rights related to copyrighted works. The copyright holder may publish, duplicate or distribute the work. A copyright holder is also completely free to transfer his copyright to other parties completely or completely.  The owner may even simultaneously transfer elements of all of his copyrights to several different parts. Sometimes more than one party owns a copyright, especially when more than one party has created the work. Multiple owners are designated as co-owners of the copyright. Copyright co-owners are “common” in copyright matters, which means that every owner has the right to grant or use copyright without the prior consent of the other owner. Each owner must also share the proceeds of the copyright with its co-owners. Regardless of the exclusivity of the license, all copyright licensing agreements should contain the following information. First, the licensing agreement should clearly define the extent of the rights granted, since only the rights expressly conferred in the licensing agreement are granted to the taker.
For example, where a purchaser has the right to sell copies of the copyrighted work in the United States, the licensing agreement should expressly state that the taker has the right to make copies of the work and sell the work in the United States. In this module, we discuss copyright transfer, copyright licensing, and the process and benefits of copyright registration. The concern for ownership arises when the spouses share the property during the divorce. In a California case, Frederick Worth wrote two encyclopedias of small things during his marriage. The real estate comparison agreed at the time of the divorce provided that Susan would receive half a share of all future royalties. After the divorce, Friedrich sued the makers of the popular board game Trivial Pursuit for copyright infringement and his ex-wife sought a court order to fairly distribute the damages caused by the injuries. The Supreme Court issued the order and an appels court upheld that the basic proposal for community property, property acquired during a marriage, is owned by both spouses, also applies to intellectual property.  2. The owner holds all rights to the work and reserves all rights to the work that are not transferred to him and retains all copyrights of the Common Law and all federal copyrights that have been or may be granted by the Library of Congress.