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1. Parties: Identification of seller and buyer, including full legal names and addresses
2. Background: Context of the sale, including artwork identification and transaction purpose
3. Definitions: Key terms used throughout the agreement
4. Description of Artwork: Detailed description including title, medium, dimensions, year, condition
5. Purchase Price: Amount and payment terms
6. Title and Transfer: Terms of ownership transfer and delivery arrangements
7. Representations and Warranties: Seller's guarantees regarding authenticity, ownership, and condition
8. Governing Law: Jurisdiction and applicable law
1. Copyright Transfer: Terms of copyright transfer when the intellectual property rights are being transferred along with the physical artwork
2. Insurance: Insurance requirements during transit and after sale, typically included for high-value artworks or when shipping is involved
3. Exhibition Rights: Terms for future display or exhibition of the artwork when seller wishes to retain exhibition rights or buyer agrees to loan artwork
4. Resale Rights: Terms regarding future sales of the artwork, included when applicable under state law or by agreement
1. Certificate of Authenticity: Official documentation of artwork authenticity
2. Condition Report: Detailed assessment of artwork's current condition
3. Provenance Documentation: History of ownership and exhibitions
4. Insurance Certificates: Copies of relevant insurance documentation
5. Photographs: High-resolution images of the artwork
Artwork
Artist
Buyer
Seller
Purchase Price
Closing Date
Certificate of Authenticity
Condition Report
Delivery Date
Intellectual Property Rights
Copyright
Moral Rights
Provenance
Title Documents
Business Day
Force Majeure
Confidential Information
Encumbrances
Exhibition Rights
Reproduction Rights
Sale Documents
Transfer of Title
Warranties
Insurance Coverage
Shipping Costs
Governing Law
Notice
Representatives
Due Diligence
Payment Terms
Title Transfer
Delivery
Warranties and Representations
Authenticity
Provenance
Condition
Copyright and Intellectual Property
Moral Rights
Insurance
Risk of Loss
Due Diligence
Confidentiality
Exhibition Rights
Reproduction Rights
Force Majeure
Indemnification
Termination
Notices
Assignment
Entire Agreement
Governing Law
Dispute Resolution
Amendments
Severability
Costs and Expenses
Tax Obligations
Export/Import Compliance
Anti-Money Laundering
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