Artwork Loan Agreement Template
If there is more than one work of art subject to this Agreement, the information required on page one of this Agreement must be appended in writing by the lender and registered for each work of art. In this case, the institution has no obligation or responsibility for works of art that are not identified and described in writing as prescribed. Who can use this artist agreement? This Art Gallery – Artist Agreement is designed to be used by a gallery owner. You will find an agreement conceived from the artist`s point of view in our artist consignment contract. There are 9 brief clauses in our proposal that address the most important issues an artist should consider when lending work for an exhibition: 6 The lender may make arrangements for the repayment of the loan at the lender`s expense, including insurance, at the time of loan termination, by notifying the institution in writing 15 calendar days before the termination of the contract. 5. Except in cases of emergency for the conservation of the work of art, the work of art shall not be cleaned, restored or otherwise modified without the written consent of the lender, except in cases of emergency, in which case the lender shall be informed by telephone and in writing. 6. If the plant is for sale and sold during the term of this loan, the lender pays fifteen percent (15%) of the sale price to the institution.
7. Except as set forth above by the lender, the lender warrants that it has all right, title and ownership rights in the artwork and that the artwork is not subject to any property, privilege, charge, copyright infringement or any other claim of any other person or entity. . . .