620.3 Transfer Statement Distinguished from an Instrument or Conveyance That Transfers the Copyright from One Party to Another
A transfer statement is distinct from a legal instrument, conveyance, or other document that transfers the copyright from one party to another. A transfer statement does not convey any rights in the copyright; it is merely a statement in the application affirming that the claimant has obtained all of the rights under copyright that initially belonged to the author and specifying the means by which the claimant obtained those rights.