Document background
The Copyright Release Agreement is a crucial legal instrument in Nigerian intellectual property law, designed to facilitate the transfer of copyright ownership from creators or rights holders to other parties. This document is essential when a complete transfer of copyright interests is required, as opposed to merely licensing rights. It is commonly used in situations where content creators, artists, or copyright holders wish to permanently transfer their rights to publishers, production companies, or other entities. The agreement must comply with the Nigerian Copyright Act and related regulations, ensuring proper documentation of the transfer of both economic and, where applicable, moral rights. This document typically includes detailed descriptions of the work(s) involved, consideration provided, warranties of ownership, and specific terms of the release. It's particularly important in commercial transactions involving intellectual property in Nigeria's growing creative and digital economies.
