ArtisDomus Reference library
Reference library
The questions an owner asks before a decision, answered with the rules behind them.
Answers to the questions owners bring, grouped in four areas: real estate and hospitality, luxury and brands, private capital and collections, and foundations and legacy. Each entry names the law or guidance behind it.
Foundations and legacy
A trust, a foundation and a gift to a museum answer different questions.The area What changes when a work bought in Dubai is shipped to Europe?Entry Customs duty on a painting imported into the UAEEntry Acceptance in lieu: paying UK inheritance tax with artGlossary Blockage discount: valuing a large holding of one artistGlossary Conditional exemption: UK inheritance tax held back on heritageGlossary Deaccession: how a museum removes an object from its collectionGlossary Temporary admission: art in the EU free of import dutyGlossary Who is indemnified when you lend a work to a museum?Entry What does it take to move a collection from Europe to the Gulf?Entry What does it take to move a collection from France to the UAE?Entry Taking a work of art out of FranceEntry Trust or foundation for an artist’s estateEntry What an artist’s estate must decide in the first yearEntry What happens to an art collection when the collector diesEntryLuxury and brands
The practice writes down what a house will not support.The area Who pays droit de suite when a work is resold in France?Entry Who issues an export licence for a work leaving BelgiumEntry Droit de suite: the French resale royalty the seller bearsGlossary Mécénat or parrainage: how a French company funds cultureEntry VAT on a work of art bought in a French galleryEntry When a commissioned work disappoints: your rightsEntry Who owns the copyright in a commissioned artwork?EntryPrivate capital and collections
An acquisition policy is worth more to a family office than a valuation.The area Can one advisor act for you in both Europe and the Gulf?Entry Are gallery prices negotiable, and is there a standard discount?Entry Acquisition policy: a collection’s written rules for buyingGlossary Artist’s resale right: the royalty an artist cannot waiveGlossary Catalogue raisonné: an expert opinion. In France the seller’s words bindGlossary Certificate of authenticity: it binds only the person who signed itGlossary The difference between an art advisor and a cultural strategistGlossary Due diligence in the art market: the legal duty covers the customerGlossary Free port: a free zone only defers duty and import VATGlossary Provenance: an object’s full history, and why 1970 is a shortcutGlossary How an art advisor is paid, and where the conflicts sitEntry How do you check that a work by a living artist is genuine?Entry How do you tell what a work of art is worth?Entry Insuring a work kept in another countryEntry How do you insure a collection split across two countries?Entry Can you move a work made with ivory or rosewood?Entry How do you check that an art advisor is not tied to a gallery?Entry Storing art in a UAE free zoneEntry The UK export licence and the artist’s resale rightEntry What a contract with an art advisor should say about fees and discountsEntry What the money laundering rules require of an art saleEntry What do you check before you pay for a serious work?EntryReal estate and hospitality
A programme commissioned after the interiors are finished can only decorate them.The area What consents does an art programme in a listed Maltese building need?Entry Who commissions the art in a branded residence, and when?Entry The cash limit when buying art in MaltaEntry Scheduled property in Malta: all works need the Planning Board’s permissionGlossary When an interior designer takes a trade discount, whose money is it?Entry Who instructs a members’ club art programme, and when does it start?Entry When architecture becomes the productEntry
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