Art Law

Widely acknowledged as the cornerstone reference for visual art professionals and their attorneys since it was first published in 1989,
Art Law provides unsurpassed legal, business, financial, tax, and estate planning information and guidance for this major sector of the
creative arts.

Written by two of America’s foremost art law authorities, the new fourth edition of Art Law enables you to • Draft effective agreements
clearly defining the rights and obligations of the parties involved, whether they’re artists, dealers, collectors, investors, appraisers,
museums, or auction houses • Create tax-advantaged strategies for collectors and artists — with the help of detailed coverage of
complete and partial inter vivos charitable transfers, noncharitable transfers, deductions of expenses when selling collections, outright
bequests of artwork, and income tax deductions for expenses when creating art • Minimize the legal exposure of clients —
by helping collectors avoid valuation errors, dealers avoid conflicts of interest, artists avoid copyright infringement, and auction
houses avoid antitrust violations and other illegal practices.

Just published, the new fourth edition has been completely updated to reflect the most recent legal developments and business trends
and includes new material on such areas as Holocaust-looted art, stolen art claims by sovereign entities, and the liability of sellers and
current owners in such cases. Art Law includes a host of step-by-step, field-tested checklists and a vast storehouse of adaptable model
agreements involving collectors and dealers, owners and dealers, and dealers and dealers, as well as forms for appraisals, fine art
licenses, property exchanges, tax-free exchanges, loans and promised gifts from artists’ estates, dealings with auctionhouses, private
and public commissions, and museum donations.

Distilling an immense body of law into two practical, transaction-oriented volumes, the new fourth edition of Art Law is
required reading for anyone who buys, sells, collects, appraises, authenticates, exhibits, restores, invests, or advises in the visual art world.