Legal issues that arise in the art market, — in a comprehensive and accessible presentation

Visual arts and the law: a Handbook for professionals

Author: Judith B. Proud
year: 2013
280 pages
Publisher: LundHumphries, UK
ISBN: 9781848220867

In recent months ARTinvestment.RU introduced the practice of regular publications under the heading Art & Law covering legal issues that arise among collectors in the art market. Improvement of knowledge of our readers must necessarily be supplemented by two factors: the application read to practice and work with professional literature. One such source is the book Visual Arts and the Law, which will be discussed today.

the London publishing house Lund Humphries is known for his work with the Institute of art Sotheby's and publishes a monograph of his best teachers. Judith Proud, teacher new-йоркского branch of the Institute, — practitioner, and included in various committees to protect the rights of members of the art-рынка and lobbying of amendments to existing legislation, and recently became a co-founder of the arbitration court of new-Йорка on issues related to art. Unlike other books on art-праву, her book is two-thirds devoted to the artists, and only the remaining third — collectors. But if you look closely, collectors should read it from beginning to end. This would be very easy because Judith (tested) — wonderful teacher, strukturirovanyy monograph on the principle of gradual and immersion into the process.

"Visual arts and the law: a Handbook for professionals" starts with a legal understanding of art as process, as well as legal characteristics of participants and results of their activities. The reader should not the author, and the process: here is a piece of art created, after enters the market, then sold and becomes part of private or Museum collections. Each of the stages of activities of art-рынка shows from a legal point of view, with examples and references to laws and regulations. In parallel, developing the story of the artist: what is going on with him at the conclusion of the contract with the gallery, the transfer of her rights, the resale of their work, causing them physical or reputational damage. In the final part of the scene the collector: first, getting a job, then driving his meeting — in preparation for the subsequent sale or registration of inheritance Fund. Each Chapter shows the variability of the main international legislation relating to copyright and property rights: even if the reader is not a resident of these countries, it gets its own vision of how and where to look in the legal field of their country or region.

a Wise American saying States that a plumber, a gardener, a dentist and a lawyer a person must be one — and for life. Interpretation of any law or contract by different lawyers may be different, based on readiness to defend that position in court, but the longer you work together, the better he understands your position and ready to defend not only under contract but also as their own. Unfortunately, how to meet "their" lawyer on the art market, the book Visual Arts and the Law says. However, it gives the collector and the artist a set of requirements to be applied, choosing a expert in the field of art-права and engaging with them in a long term relationship.

Denys Belkevych, AI