Law and Ethics in the Art Market (Spring 2013)
Description
The art market operates under a unique set of rules. This course, designed for art market professionals, including art dealers and wealth managers, presents an overview of the current legal conventions and practices in today's art market. Delve into the rights and responsibilities of artists, collectors, art dealers, and auction houses, and analyze fine art appraisals, consignment agreements, commissions, and other contracts as legal documents. Thoroughly examine due diligence, title, and the legal status of works of art, copyright, and reproduction. Understand charitable giving and the tax consequences of being a collector, investor, or dealer of fine art.
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The art market operates under a unique set of rules. This course, designed for art market professionals, including art dealers and wealth managers, presents an overview of the current legal conventions and practices in today's art market. Delve into the rights and responsibilities of artists, collectors, art dealers, and auction houses, and analyze fine art appraisals, consignment agreements, commissions, and other contracts as legal documents. Thoroughly examine due diligence, title, and the legal status of works of art, copyright, and reproduction. Understand charitable giving and the tax consequences of being a collector, investor, or dealer of fine art.
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