Agreement To Sell Works Of Art
Docstoc Legal Agreements
This Agreement to Sell Works of Art is intended to be used if you wish to sell work of art
of an artist or vice-versa. This agreement provides an artist to appoint people to sell
his/her art on commission basis for a specific period of time. This document is intended to
ensure that financials of each party are kept clear.
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Attorney Drafted
AGREEMENT TO SELL WORKS OF ART
The following constitutes the entire agreement with respect to the sale by
________________________________ [Instruction: Insert the Buyer’s name] ("Buyer") of sculptures,
drawings and graphics created by ________________________________ [Instruction: Insert the Artist's
name] ("Artist"):
1. For a period of ___________ (___) [◊ four (4)] years commencing on the date of this agreement,
Buyer shall have the exclusive right, in any part of the world, to offer for sale and to authorize
others to offer for sale, all items of art works created and owned by Artist. Artist shall initially
deliver each such item of his work to Buyer at such location as may be designated by Buyer.
2. During the period of ___________ (___) [◊ ten (10)] years, Buyer shall have the exclusive right to
arrange, and to authorize others to arrange, for the publication and/or sale, in any part of the
world, of books and catalogues containing illustrated reproductions of the art work of Artist.
3. During the period of ___________ (___) [◊ two (2)] years, Buyer shall arrange for exhibitions of
Artist's works in the Cities of __________________, __________________ and such other places as the
parties shall jointly determine. Buyer shall be responsible for all of the expenses of such
exhibitions, including advertising and catalogue costs and insurance, the Buyer covenants that
the art work will be insured against all risks and casualties for its full value. Any and all
insurance proceeds on account of any such risk or casualty will be paid to the Artist. The Buyer
shall provide the Artist with all relevant information about his insurance coverage for the art
work if the Artist requests this information and shall bear the entire cost of storing all items of
Artist's work delivered to Buyer pursuant to this agreement. [Instruction: Delete or modify this
clause if artist does not wish to have exhibitions in certain cities for a period of time]
4. The parties acknowledge that Artist has furnished to Buyer photographs of each item of Artist's works
owned by Artist on the date of this agreement. The price at which Buyer shall offer each such item for
sale shall not be less than the price set forth on the back of such photograph. The parties shall jointly
determine the minimum sales price to be charged as to those art works to be created by Artist during
the term of this agreement. Minimum prices may be changed from time to time in such manner as shall
jointly be determined by the parties. [Instruction: Please provide price of each item at the back of
such item]
5. Upon the sale of any of the art works covered by this agreement, Buyer shall be reimbursed, from the
actual net proceeds of sale, for any initial shipping cost advanced with respect to such item. In addition
and as compensation for Buyer's services in effecting the sale of a particular work, Buyer shall be
entitled to retain ____ (__ %) percent [◊ twenty (20%)] of the balance of the net proceeds of the
particular sale, as and for Buyer's commission for having effected such sale, with the remaining ______
(___ %) percent [◊ eighty (80%)] percent of such balance, less any amounts otherwise due to Buyer
under this agreement, to be paid to Artist on a quarterly basis.
6. This agreement shall be governed by and construed in accordance with the laws of the State of
Massachusetts and shall be binding upon and inure to the benefit of the respective executors,
administrators, successors and assigns of the parties.
Dated: _____ [Month] _____ [Date], 20_____
Buyer:
________________________________
[Buyer's Signature]
________________________________
[Buyer's Printed Name]
Artist:
________________________________
[Artist's Signature]
________________________________
[Artist's Printed Name]
Note: Carefully read and follow the Instructions and Comments contained in this document for your
customization to suit your specific circumstances and requirements. You will want to delete the
Instructions and Comments from open bracket (“[“) to close bracket (“]”) after reading and following
them. You (or your attorney) may want to make additional modifications to meet your specific needs and
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