Jurisdiction(s):
United Kingdom

Key definition

Intellectual property definition

What does Intellectual property mean? Intellectual property describes intangible legal rights in creative, technical and branding outputs used and enforced in commercial practice, often abbreviated to IP or IPR. In the UK and Ireland the term is descriptive rather than a single statutory definition; discrete rights arise under specific regimes, typically including copyright, patents, trade marks, registered and unregistered designs, database right, trade secrets and confidential information, and the common law tort of passing off. These rights are territorial, generally time‑limited (trade secrets/confidential information can subsist indefinitely if secrecy is maintained), and confer exclusive rights that can be licensed, assigned, charged as security and...

Comprehensive Intellectual Property (IP) Internal Audit Questionnaire Template: Registered and Unregistered Rights, Ownership, Licensing, Disputes, Valuation, Policies and Training

Published by a LexisNexis IP expert

Precedents

Introduction:

This questionnaire concerns the Intellectual property (IP) audit overseen by [ contact name ] in [ identify department ]. IP covers intangible business assets, described further below, including:

copyright works
software
Confidential information
Databases
trade marks (brands and logos)
domain names
patents
inventions
designs

Reasons for the audit:

The purpose of this audit is to [ review our business's IP and the measures taken to protect it. ] This review is required for [ risk management, legal compliance, accounting and tax planning ] purposes.

Companies and territories covered by the audit:

The audit applies to [ insert company name ] [ and [ identify other group companies covered by the audit ] ] in [ the UK ] [ and [ identify other jurisdictions within the scope of the audit ] ].

Your role:

Please set out which IP is used by your [ department OR business ] and what policies and documentation currently regulate that use. If you do not consider yourself the right person to respond, please name the relevant individuals within your area of the business. Kindly answer as many questions as you can...

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Web page updated on 22/05/2026

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