Sale Of Painting Agreement

16.1 Both parties agree that no party relies on a statement, insurance or guarantee (“representation”) that is negligent or innocently against a person (whether or not he is a party to this Agreement), including, but not exclusively, representation that occurs before or at the same time the agreement is reached, unless the agreement is expressly defined as collateral. The only remedy for breach of a warranty is breach of contract. Nothing in the agreement is intended to limit or exclude liability in cases of fraud or fraudulent misrepresentation. 7.4 If the plant is destined for export to you after the sale, you will be subject to VAT on the plant if it is not to be exported. 7.3 You will refund us the amount requested if a competent tax authority or other official body claims VAT, VAT, user tax or any other expense or penalty resulting from non-compliance with export and import requirements. However, the introduction of such a contract would inevitably pose many problems and can only arise if artists, artistic administrators and others involved in the sale of works actively consider the issue and push for practical solutions that are acceptable to them. It is hoped that this article will encourage artists to consider whether or not an artist purchase contract should be put in place and, if so, what form it should take to best meet their requirements. 1. For a period of years beginning on the date of this Agreement, the buyer has the exclusive right to put up for sale in any part of the world and to authorize others to offer all works of art created by Artist and owned by Artist. The artist must first deliver each of these works to the place designated by the buyer. 2. During the period – the buyer has the exclusive right to organize and authorize the publication and/or sale of books and catalogues with illustrated reproductions of the artist`s work of art in any part of the world. 7.2 Each party, to the extent that such an obligation applies to that party in connection with the sale and/or export of the work: We have the right, but not the obligation to withdraw a sale from you without notice, if an adverse claim is invoked by a third party, including, but not only, to someone claiming ownership of the work.

After the announcement of our choice to withdraw the sale, you will return the work immediately and we will refund the price paid. The reimbursement of the price paid is your only recourse and recourse against us in relation to such claims. 3. During the period – the buyer is responsible for exhibiting works by the artist in the cities of – and in other places that the parties jointly designate. The buyer is responsible for all expenses of these exhibitions, including advertising and catalogue and insurance costs, and bears the full cost of storing all the artist`s purchase items delivered to the buyer in accordance with this agreement. 5. Upon the sale of one of the works of art covered by this agreement, the buyer is reimbursed to the buyer, based on the actual net proceeds, for the initial shipping costs advanced in connection with this item.

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