This document provides an overview of intellectual property (IP) law basics. It defines intellectual property as creations of the mind that result from intellect, such as ideas, innovations, artistic works, and distinctive signs. The main types of IP are discussed as patents, trademarks, copyrights, industrial designs, and trade secrets. Requirements for registration and procedures for obtaining IP protections are outlined for each type. The importance of learning about and protecting IP is emphasized, and some statistics on worldwide patent filings and most valuable brands are presented.