Lexis Nexis Buying and Selling Art and Collectibles: A Legal Guide
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Buying and Selling Art and Collectibles: A Legal Guide is divided into six parts:
- Part One relates to buying and selling art or collectible items through retail galleries or shops, including getting good title, warranties of grade and authenticity, and buying for investment.
- Part Two relates to buying and selling at public auction, including contractual provisions in auction contracts and the mechanics of bidding at auction.
- Part Three relates to online purchases and sales, and how those differ from retail and traditional auction transactions.
- Part Four addresses certain types of art and collectibles that may be illegal to own or import into the U.S.
- Part Five covers resolution of disputes involving art and collectibles, from negotiating with dealers to suing in court.
- Part Six discusses the tax aspects of buying and selling art and collectibles, including sales and use tax, deductibility of insurance and other expenses, and other issues.
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