Artwork Consignment For Sale Agreement

Exclusive: In some cases, you may include information about restrictions or expectations of representation. Some galleries, for example, will want to establish exclusivity in an artist`s representation or will have arrangements for artists with multiple gallery performances. It`s always up to you, as an artist, to decide what`s good for your career. You can also work with the gallery to set the time frame in which exclusivity takes place. However, the exclusivity of galleries in the digital age is changing, as artists have more opportunities than ever to sell their works. Here you will find models for a consignment contract. 14. Copyright. The gallery takes all necessary measures to ensure that the artist`s copyright in the works of art shipped is protected in the artist`s name. Option 1. In case of sale of discounts, the discount is deducted by the Catalogue Commission. The artist receives the artist`s full share in the sale price, as agreed. Authorization sale.

The gallery must not allow works of art to remain in the client`s possession for more than seven days, unless the work of art is purchased and fully paid for by the client, or the artist grants prior written permission. Accounting for a unique work of art. For a type artwork with a sale price of $500 or more, the gallery provides the name, mailing address and telephone number of the client/collector who purchases the artwork. The artist undertakes not to contact the client to sell works of art directly to the client, and the gallery is informed or receives a copy of a communication between the artist and the client that relates to this work of art as long as the contract remains in effect. You can create a record report to work on each of your sites by clicking on the locations in the left menu. In the gallery or in the retailer for which you want to create a report, click the Grey Reports button and select The Send Report in the drop-down menu. Suppose there is a 50/50 agreement and a coin sold for $5,000 to be paid in increments of $1,000 over five months. The artist owes $2,500. According to the best arrangement, the artist receives the first $2500 paid by the collector (which would happen in the first three months). Otherwise, the artist may be in a situation of waiting until all staggered payments are made before receiving money.

The contract stipulates that if a collector pays in increments, the artist will be fully paid by the first funds received and will not wait until the end. Money owed to the artist for the works sold should not be classified as a scholarship and paid over a longer period of time. If the parties agree with a scholarship plan, it should only be included as a non-refundable advance on future sales. The Arts Law Centre of Australia offers standard agreements for artists and arts organizations that they can acquire on their website. This agreement should be used when an artist allows a gallery to exhibit and sell works for a certain period of time, in exchange for a commission levied on works sold and returning them that are not sold at the end of the delivery period. The artist must fill the form in three copies. Keep a copy for the artist`s recordings. Send two copies with the artwork to the gallery. (Fax or additional copy email, so the gallery or exhibition sponsor expects the box if the work is valuable or unique.) The gallery should sign a copy and return it to the artist and keep a copy for its recordings.

15. Interest in safety. This is a legal clause protecting the artist, which stipulates that the artist`s owner the work is shipped until full payment. Few states have laws that protect an artist`s work on the air from the gallery`s creditors. This is an important reason why artists must use contracts with a security interest clause.