Consignment Agreement For Art In Kings

State:
Multi-State
County:
Kings
Control #:
US-00461
Format:
Word; 
Rich Text
Instant download

Description

The Consignment Agreement for art in Kings is a legal document that establishes the terms and conditions under which an art owner (Consignor) entrusts their artwork to another party (Consignee) for the purpose of sale. Key features of this agreement include clauses detailing ownership and warranty of the property, definitions of exclusivity, pricing agreements, payment structures, and terms for termination of the agreement. The document ensures that both parties understand their rights and responsibilities as it pertains to the consigned items, including the handling of unsold property and liability for lost or damaged artworks. Users are instructed to fill in specific fields, such as the description of the property, pricing details, and payment percentages, while the agreement remains flexible in that it allows for negotiations on terms between the Consignor and Consignee. This form is especially beneficial for attorneys, partners, art gallery owners, associates, paralegals, and legal assistants within the art community as it provides a clear framework for managing art transactions, protects the rights of the involved parties, and addresses potential liabilities. Additionally, it can assist in maintaining a professional relationship between the artists and galleries by clearly defining commercial expectations and responsibilities.
Free preview
  • Preview Consignment Agreement
  • Preview Consignment Agreement
  • Preview Consignment Agreement

Form popularity

FAQ

Online Auction Platforms: Websites like Sotheby's, Christie's, and Phillips often have online auctions and submission guidelines for artists. Additionally, platforms like Artnet and Saatchi Art provide opportunities for artists to submit their work for auction.

How It Works Tell us about your Item. Add dimensions, history and any documentation. Upload Photos. Take front and back images of your item. Review and Submit. All set! Our specialists will review your submission.

What is artwork consignment, exactly? Put simply, it's the professional method for reselling art that involves a collector giving their work to resale art dealers or auction houses to sell on their behalf, with the ultimate objective of making a sale.

Consignment Agreement. Consignment is a more accurate term than 'sale or return', because it makes dear to both sides that the artist does not intend to sell the works to the gallery at any stage, but merely intends to leave them for sale by the gallery as artist's agent or consignee on a commission basis.

Consider reaching out to local galleries to inquire about upcoming auction opportunities. Social Media and Online Communities: Follow art-related pages on platforms like Instagram and Facebook where auction opportunities are often posted. Sites like Artfinder and Etsy may also have auction features.

Important clauses in the artist agreement Parties. This clause defines the parties to the agreement, one would be the producer and the other would be the artist. Project. Payment/compensation. Service/work by an artist/engagement. Terms and conditions. Term/duration. Rights of the parties. Artists obligations.

Art consignment: 13 important tips (and the right questions to ask) Attend a few sales. Before you enter a consignment agreement, document. Know the season you're selling in, and sell what's in demand. Choose an auction house: ask key questions. Follow drop-off rules. Ask about reserve prices.

Some types of product are commonly sold through consignment. These include clothing, athletic equipment, furniture, musical instruments, art, and jewelry. For example, an artist might have five large pieces of artwork to sell but has no place to showcase the work for prospective buyers.

Trusted and secure by over 3 million people of the world’s leading companies

Consignment Agreement For Art In Kings