Art Consignment Agreement Form

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1200 mg neurontin In general, in situations where you would use a broadcast report, an artist makes gallery art available free of charge. The gallery then agrees to sell this art for a commission (normally 40% or 50%). Suppose, for example, that there is a 50/50 confirmatory agreement and a coin is sold for $5,000, which must be paid in increments of $1,000 over five months. The artist owes 2500 dollars. In the best case, the artist will receive the first 2500 dollars paid by the collector (which would happen in the first three months). Otherwise, the artist could be in a situation where he waits for all instalment payments to be made before receiving money. The contract states that when a collector pays in instalments, the artist is paid in full from the first funds received and does not wait until the end. You can create a log report for work on each of your sites by clicking Locations in the menu on the left. In the gallery or reseller for which you want to create a report, click the gray Reports button and select Shipment Report from the drop-down menu. Artwork Archive`s reporting features help artists save hundreds of hours with easy-to-create delivery reports that can be created with just a few clicks. 19.

Other. This agreement represents the entire agreement between the artist and the gallery. If any part of this Agreement is held to be illegal, void or unenforceable for any reason, such immobilization shall not affect the validity and enforceability of any other party. Any waiver of any breach of any provision of this Agreement shall not be construed as a continuing waiver of any other breach of the same or other provisions of this Agreement. This agreement may not be assigned by law or in any other way, without the prior written consent of the artist, to the benefit of the successors of the gallery. In any proceedings for the application of any part of this Agreement, the aggrieved party shall be entitled to reasonable attorneys` fees in addition to all available remedies. 15. Security Interest.

Ownership and the right to safeguard works of art or proceeds of sale shipped under this Agreement are reserved to the artist. The works of art are not subject to claims of the gallery`s creditors. The gallery undertakes to exhibit and provide the artist, in the form desired by the artist, with a financial statement and other documents that the artist may need to perfect his security interest in the works of art. . . .