Artwork Lending Agreement

Form, agreement, short, loan, equipment, short form Loan agreement It is your responsibility and prerogatives to outline all the specific wishes and requirements in the loan agreement. For example, if you want your name to appear with the room or where you want to see it at the museum. While contracts can be laborious, you work in compiling your credit agreement with a lot of attention to detail. We advise you to start with a list of wishes and fears, and then consult with your insurance agent or estate planning lawyer to help you confirm that they are all addressed in the credit agreement, as well as the points covered in this article. 2 Yes No Describe the working condition and indicate any defects: Do you want to take out your own insurance? (Please respect the conditions printed on the back.) Yes No You will deliver: an 8×10 photo in black and white a 4×5 color transparency If you do not own an exclusive copyright, identify the current owner: Photo credit: lender Special instructions: I have read and concede the terms and conditions of the works of art that are attached to the back and I confirm that I am the owner or representative of the owner, who has the right to approve it. I understand that, with the signing of this agreement, I agree to be bound by all the provisions set out therein. Signature of the lender: Name and title for the lender: Date: Signature of the borrower for the institution: Name and title by institution: Date: Please sign, date and return the completed loan agreement to the institution. As mentioned above, all transportation damage should be covered in your insurance policy. However, a condition report of each room is a must before one of your artworks goes into transit. This way, you are protected from further damage. Although this means that you will be compensated for all accidents, we have tips to avoid this situation completely.

Also be warned that UPS and FedEx insurance policies explicitly exclude artwork in the fine print. Even if you take out insurance on it, it does not cover the plastic arts. ATTORNEY/CLIENT CONTINGENCY FEES RETAINER AGREEMENT This document, agreement or agreement to retain (hereinafter “agreement”) is the written fee agreement required by California law In addition to your personal art insurance, the museum should also offer a specific insurance plan. It should be a door-to-door lid, also known as a “wall-to-wall”. This means that the artwork for any restorations or the most recent appraised value is covered from the moment it leaves your home until the time it is safely back home. 8 10. Any party may terminate this agreement by giving the other party a written period of 30 days without notice. The loan agreement is your contract that designates you as the owner of the art and indicates the details of the loan. Here you can get the data on which you accept the loan from the factory, the location (i.e. The borrower), the security (the securities) and, where applicable, the specific exposure. Lending your art to a museum is usually free…