Hello dear collector!
With this royalty resale agreement giving 10% of any profits above purchase price of the art if it is sold or auctioned in the future back to the artist you will receive a 10% discount on the current purchase price of your work- and you will get the eternal gratitude of the artist for being such a cool and fair person.
See below details of COA/Resale Agreement
This agreement (serving as agreement of sale, resale and Certificate of Authenticity) made this day _______________________
by and between,
Rebecca Guay aka Rebecca Leveille Guay (the “Artist”) residing at:
and the “Collector” residing at;
—————--
Terms of sale, resale and Certificate of Authenticity
The Artist has created the work detailed below.
Title: ___________________
Date: works completed in_______________
Material:
Dimensions:
Original work/s created and certified original and fully individual works by The Artist:
IMAGE:
The Painting is being sold to Collector and Collector is willing to purchase the Painting, subject to mutual obligations and conditions herein.
The Collector and Artist recognize that it is fitting and proper that Artist participate in any future appreciation in value of the Works in excess of the purchase price paid.
The parties hereto agree as follows:
ARTICLE ONE: The Collector is purchasing the Painting subject to all the covenants herein set forth for the amount of __________USD (the “Purchase Price”), which Purchase Price has been paid by Collector and Artist acknowledges receipt of such payment.
ARTICLE TWO: Collector agrees that in the event Collector hereafter sells, or grants for auction in any capacity, 10% of the profits above initial sale price will be transferred to artist or their estate within 90 days of completion- along with the details of the new ownership and confirmation that the new owners understand the terms of this COA/Resale agreement.
ARTICLE THREE: This Agreement and the covenants herein shall travel WITH the artwork as a condition of the sale and all future sales.
ARTICLE FOUR: It shall be binding upon the parties, their heirs, legatees, executors, administrators, assigns, transferees and all other successors in interest and the Collector’s covenants do attach and run with the Work and shall be binding to and until 5 years after the deaths of Artist and Artist’s surviving spouse or legal heirs. This Agreement shall not be subject to amendment, modification, or termination, except in writing signed by both parties.
The parties have set their signatures to this agreement as of the day and year first above written.
(Artist)
Rebecca Guay
(Collector)
by and between,
Rebecca Guay aka Rebecca Leveille Guay (the “Artist”) residing at:
and the “Collector” residing at;
—————--
Terms of sale, resale and Certificate of Authenticity
The Artist has created the work detailed below.
Title: ___________________
Date: works completed in_______________
Material:
Dimensions:
Original work/s created and certified original and fully individual works by The Artist:
IMAGE:
The Painting is being sold to Collector and Collector is willing to purchase the Painting, subject to mutual obligations and conditions herein.
The Collector and Artist recognize that it is fitting and proper that Artist participate in any future appreciation in value of the Works in excess of the purchase price paid.
The parties hereto agree as follows:
ARTICLE ONE: The Collector is purchasing the Painting subject to all the covenants herein set forth for the amount of __________USD (the “Purchase Price”), which Purchase Price has been paid by Collector and Artist acknowledges receipt of such payment.
ARTICLE TWO: Collector agrees that in the event Collector hereafter sells, or grants for auction in any capacity, 10% of the profits above initial sale price will be transferred to artist or their estate within 90 days of completion- along with the details of the new ownership and confirmation that the new owners understand the terms of this COA/Resale agreement.
ARTICLE THREE: This Agreement and the covenants herein shall travel WITH the artwork as a condition of the sale and all future sales.
ARTICLE FOUR: It shall be binding upon the parties, their heirs, legatees, executors, administrators, assigns, transferees and all other successors in interest and the Collector’s covenants do attach and run with the Work and shall be binding to and until 5 years after the deaths of Artist and Artist’s surviving spouse or legal heirs. This Agreement shall not be subject to amendment, modification, or termination, except in writing signed by both parties.
The parties have set their signatures to this agreement as of the day and year first above written.
(Artist)
Rebecca Guay
(Collector)