What an Intellectual Property Audit Checks
An intellectual property audit and assessment means the systematic verification of the legal bases on which a given right rests: who holds the right, in what documentary form the right is transferred, how ownership is proven and for how long it lasts. Georgian legislation does not provide a separate, special statute on an "intellectual property audit" — the legal framework of the audit begins with the norms of the Georgian Law on Copyright and Neighbouring Rights. Below are the four blocks that constitute the foundation of every copyright audit.
This guide is intended both for individuals taking inventory of their creative assets and for companies verifying the chain of rights before a transaction.