Work Consignment Agreement

15. Interest in safety. The property and security interest of the works of art or proceeds of sale shipped under this agreement are reserved for the artist. The works of art are not covered by the claims of the gallery`s creditors. The gallery undertakes to execute and provide the artist, in the form desired by the artist, with a financial statement and other documents that the artist may require to enhance his interest in the safety of works of art. In the case of the purchase of works of art by a party other than the gallery, the title passes directly from the artist to the buying company. If a work of art is purchased by the gallery, the title will only be transferred to the artist if all the sums due are paid in full. The Gallery recognizes that it has no right and that it may mortgage or incriminate the works of art in its possession and that it still creates a tax or obligation for which the artist may be held responsible. 12th promotion. The gallery will do its best to promote, exhibit and sell works of art. The gallery must clearly identify the artist`s name with all works of art and indicate the artist`s name on the invoice for the sale of all works of art sold by the gallery. Clothes and household items are usually shipping items. Contracts for these types of shipments generally provide that if the item shipped is not sold on a specified date and the sender does not retrieve the item within a number of days, the item is donated to charity.

Note that popular second-hand stores like Plato`s Closet are not consignment stores. They buy the clothes directly from you, then they sell them. A true consignment transaction only pays the sender when the item is sold to a buyer. 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. A delivery contract is an agreement between a recipient and a shipper for the storage, transfer, sale or resale and use of the goods. The recipient may take goods from the shipment stock to the sender for use or resale, in accordance with the terms negotiated in the delivery contract. Unsold goods are usually returned by the shipper to the sender.

17. Others. Any amendment, cancellation or addition of this Agreement must be written down and signed by both parties. This agreement is the whole agreement between the parties. The Professional Guidelines Committee recommends that galleries make available to artists the names and addresses of all collectors of their unique work. Adapt our free liability model to instantly generate a PDF version of the liability agreements. Sign them with legally binding e-signatures. 8. Loss or damage.

The Gallery is strictly responsible for the damage caused to thought or damage to available works of art from the date of delivery to the gallery until the return of the artwork to the artist or delivery to a buyer. In case of loss or damage that cannot be recovered, the artist receives the same amount as if the artwork had been sold at the sale price.