Bruno Art 99
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October 2016
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Re sale rights need help , by Bruno Art 99 on Mar 19, 2021 18:00:57 GMT 1, Can a gallery from abroad enforce a 2 year no resale on a piece of art ?
I've bought a piece last year and wasn't aware from the seller that this was part of the deal ,consequently I intend to sell and the gallery has contacted the auction house to remind them of the agreement ,
Not sure where any of us stand ?
Can a gallery from abroad enforce a 2 year no resale on a piece of art ?
I've bought a piece last year and wasn't aware from the seller that this was part of the deal ,consequently I intend to sell and the gallery has contacted the auction house to remind them of the agreement ,
Not sure where any of us stand ?
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WOOF
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Posts โข 4,458
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March 2014
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Re sale rights need help , by WOOF on Mar 19, 2021 18:20:09 GMT 1, Can a gallery from abroad enforce a 2 year no resale on a piece of art ? I've bought a piece last year and wasn't aware from the seller that this was part of the deal ,consequently I intend to sell and the gallery has contacted the auction house to remind them of the agreement , Not sure where any of us stand ?
Did you sign an agreement when you purchased?
Can a gallery from abroad enforce a 2 year no resale on a piece of art ? I've bought a piece last year and wasn't aware from the seller that this was part of the deal ,consequently I intend to sell and the gallery has contacted the auction house to remind them of the agreement , Not sure where any of us stand ? Did you sign an agreement when you purchased? |
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Re sale rights need help , by iforgot my username on Mar 19, 2021 18:23:03 GMT 1, Can a gallery from abroad enforce a 2 year no resale on a piece of art ? I've bought a piece last year and wasn't aware from the seller that this was part of the deal ,consequently I intend to sell and the gallery has contacted the auction house to remind them of the agreement , Not sure where any of us stand ? Did you sign an agreement when you purchased?
Oooofffff
Can a gallery from abroad enforce a 2 year no resale on a piece of art ? I've bought a piece last year and wasn't aware from the seller that this was part of the deal ,consequently I intend to sell and the gallery has contacted the auction house to remind them of the agreement , Not sure where any of us stand ? Did you sign an agreement when you purchased? Oooofffff |
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Bruno Art 99
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Posts โข 734
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October 2016
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Re sale rights need help , by Bruno Art 99 on Mar 19, 2021 18:29:33 GMT 1, Nothing signed only conditions of purchase listed
Nothing signed only conditions of purchase listed
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msaleem1
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Posts โข 37
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January 2021
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Re sale rights need help , by msaleem1 on Mar 19, 2021 18:32:07 GMT 1, Nothing signed only conditions of purchase listed
You purchased which means you agreed to the conditions of the purchase which might as well be the same as signing.
Nothing signed only conditions of purchase listed You purchased which means you agreed to the conditions of the purchase which might as well be the same as signing. |
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WOOF
Junior Member
Posts โข 4,458
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March 2014
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Re sale rights need help , by WOOF on Mar 19, 2021 18:33:25 GMT 1, Nothing signed only conditions of purchase listed
Hmmm... IANAL and not sure where youโre located. It could be that payment constitutes acceptance of the terms of sale, but I couldnโt say for sure. Maybe someone on here is better versed.
Also, found this, maybe it helps: www.linkedin.com/pulse/non-resale-clauses-art-sales-martin-wilson
Nothing signed only conditions of purchase listed Hmmm... IANAL and not sure where youโre located. It could be that payment constitutes acceptance of the terms of sale, but I couldnโt say for sure. Maybe someone on here is better versed. Also, found this, maybe it helps: www.linkedin.com/pulse/non-resale-clauses-art-sales-martin-wilson |
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Zippy
Junior Member
Posts โข 6,664
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April 2006
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Re sale rights need help , by Zippy on Mar 19, 2021 18:34:40 GMT 1, Can a gallery from abroad enforce a 2 year no resale on a piece of art ? I've bought a piece last year and wasn't aware from the seller that this was part of the deal ,consequently I intend to sell and the gallery has contacted the auction house to remind them of the agreement , Not sure where any of us stand ?
To clarify, did you buy from the Gallery or did you buy from the 'seller' who is selling the piece within the 'no sale' time period set out by the Gallery?
Can a gallery from abroad enforce a 2 year no resale on a piece of art ? I've bought a piece last year and wasn't aware from the seller that this was part of the deal ,consequently I intend to sell and the gallery has contacted the auction house to remind them of the agreement , Not sure where any of us stand ? To clarify, did you buy from the Gallery or did you buy from the 'seller' who is selling the piece within the 'no sale' time period set out by the Gallery? |
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Newar
Junior Member
Posts โข 1,372
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April 2018
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Re sale rights need help , by Newar on Mar 19, 2021 18:38:19 GMT 1, Serious auction house will listen to the Gallery.
When you buy it from the gallery it's normally specified.
If you buy it from someone , this someone was not honest with you (and maybe aware about this non flipping rule  )
The non resell agreement is to avoid flippers.
Because of flipping some real collectors can't even buy from some artist ex (Amoako Boafo).
And finally i'm sure Catawiki and Ebay don't really care 
Serious auction house will listen to the Gallery. When you buy it from the gallery it's normally specified. If you buy it from someone , this someone was not honest with you (and maybe aware about this non flipping rule ) The non resell agreement is to avoid flippers. Because of flipping some real collectors can't even buy from some artist ex (Amoako Boafo). And finally i'm sure Catawiki and Ebay don't really care |
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Poster Bob
Junior Member
Posts โข 5,810
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September 2013
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Re sale rights need help , by Poster Bob on Mar 19, 2021 18:40:54 GMT 1, Tate Ward give zero fuc*s. Try them ๐
Tate Ward give zero fuc*s. Try them ๐
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Bruno Art 99
New Member
Posts โข 734
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October 2016
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Re sale rights need help , by Bruno Art 99 on Mar 19, 2021 18:49:48 GMT 1, Woof posted a link ,basically an overseas gallery can not enforce resale rights in the uk courts ,so I'm hopefully clear ,some uk auction houses have sold this piece recently .
I bought it for the original buyer so I'm the 2nd owner .
Woof posted a link ,basically an overseas gallery can not enforce resale rights in the uk courts ,so I'm hopefully clear ,some uk auction houses have sold this piece recently .
I bought it for the original buyer so I'm the 2nd owner .
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DAVID HOCKNEY
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Posts โข 935
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January 2021
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Re sale rights need help , by DAVID HOCKNEY on Mar 19, 2021 18:55:47 GMT 1, Woof posted a link ,basically an overseas gallery can not enforce resale rights in the uk courts ,so I'm hopefully clear ,some uk auction houses have sold this piece recently . I bought it for the original buyer so I'm the 2nd owner .
Woof posted a link ,basically an overseas gallery can not enforce resale rights in the uk courts ,so I'm hopefully clear ,some uk auction houses have sold this piece recently . I bought it for the original buyer so I'm the 2nd owner . lol you didn't even buy it from the gallery. how the f*ck can they enforce any resale conditions upon you |
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WOOF
Junior Member
Posts โข 4,458
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March 2014
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Re sale rights need help , by WOOF on Mar 19, 2021 18:57:11 GMT 1, Woof posted a link ,basically an overseas gallery can not enforce resale rights in the uk courts ,so I'm hopefully clear ,some uk auction houses have sold this piece recently . I bought it for the original buyer so I'm the 2nd owner .
I would think being the second owner means youโre in no way bound by the terms of the agreement.
Woof posted a link ,basically an overseas gallery can not enforce resale rights in the uk courts ,so I'm hopefully clear ,some uk auction houses have sold this piece recently . I bought it for the original buyer so I'm the 2nd owner . I would think being the second owner means youโre in no way bound by the terms of the agreement. |
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artzzzy
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Posts โข 246
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January 2021
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Re sale rights need help , by artzzzy on Mar 19, 2021 18:58:54 GMT 1, Even if they canโt enforce resale rights in the uk, major auction houses wonโt take it.. or will remove the lot if they get contacted by the gallery.
Unfortunately as far as I know it doesnโt matter if youโre the first or second owner.
These standard agreement usually state that if the gallery finds the work on sale within X years of purchase, They have the right of first refusal to buy it back at โfair market valueโ.
Even if they canโt enforce resale rights in the uk, major auction houses wonโt take it.. or will remove the lot if they get contacted by the gallery.
Unfortunately as far as I know it doesnโt matter if youโre the first or second owner.
These standard agreement usually state that if the gallery finds the work on sale within X years of purchase, They have the right of first refusal to buy it back at โfair market valueโ.
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