Terms and Conditions

Terms and Conditions for Art+  

These Terms and Conditions (“Terms”) govern the sale and purchase of artworks (“Artworks”) between [Art +] (“Gallery”) and the purchaser (“Buyer”). By purchasing an Artwork from the Gallery, the Buyer agrees to be bound by these Terms.

  1. Authenticity Guarantee:
    • The Gallery warrants that all Artworks offered for sale are authentic and genuine creations, unless otherwise stated. Any claims regarding authenticity must be submitted in writing within 30 days of purchase, accompanied by supporting evidence. The Gallery reserves the right to verify authenticity through independent means.
  2. Provenance:
    • The Gallery provides documented provenance for each Artwork, detailing its history of ownership and exhibition where available. Provenance information is provided in good faith and to the best of our knowledge. The Buyer acknowledges that provenance research is ongoing and subject to change.
  3. Sales and Pricing:
    • Prices for Artworks are as marked and are subject to change without notice. Art + reserves the right to refuse sale to any Buyer.
    • All sales are final. No refunds or exchanges are permitted unless the Artwork is found to be significantly misrepresented or damaged upon receipt.
  4. Payment:
    • Payment for Artworks must be made in full at the time of purchase, unless otherwise agreed upon in writing by the Art+.
    • Accepted payment methods include cash, credit card, bank transfer, or other methods approved by the Gallery.
  5. Delivery and Shipping:
    • The Buyer is responsible for any shipping costs associated with the purchase of Artworks, unless otherwise agreed upon in writing by the Gallery.
    • The Gallery will endeavor to ensure that Artworks are appropriately packaged and shipped in a timely manner. However, the Gallery is not liable for any delays, loss, or damage that may occur during transit.
  6. Copyright and Ownership:
    • The copyright and ownership of Artworks remain with the artist or their estate. The Buyer agrees not to reproduce, distribute, or publicly display the Artwork without prior written consent from the Gallery and the artist or their estate.
  7. Dispute Resolution:
    • Any disputes arising from the purchase of Artworks shall be resolved through negotiation in good faith between all parties. If a resolution cannot be reached, the parties agree to submit to the jurisdiction of the courts of Australia.
  8. Modification of Terms:
    • The Gallery reserves the right to modify these Terms at any time without prior notice. Any changes will be effective immediately upon posting on the Gallery’s website or other communication channels.

 

 

  1. Art Investment Advice Disclaimer

 

Please read this disclaimer carefully before considering any art investment advice.

 

9.1 . General Disclaimer:

  • The information provided in any art investment advice is for general informational purposes only. It is not intended as financial or investment advice specific to your personal circumstances. Before making any investment decisions, you should consult with a qualified financial advisor.

 

9.2. No Guarantee of Returns:

  • Investing in art carries inherent risks, including but not limited to fluctuations in market value, changes in economic conditions, and unforeseen events. Past performance of art investments is not indicative of future results. There is no guarantee that any investment in art will result in profits.

 

9.3. Market Volatility:

  • The art market can be highly volatile and speculative. Prices of artworks can fluctuate significantly based on factors such as the reputation of the artist, demand from collectors, and trends in the art world. Investors should be prepared for the possibility of loss and be able to withstand market fluctuations.

 

9.4  Illiquidity of Art Investments:

  • Unlike stocks or bonds, art investments are generally illiquid. It may be difficult to sell an artwork quickly at a desired price, particularly during economic downturns or if there is limited demand for the artist’s work. Investors should be prepared for the possibility of holding onto an investment for an extended period.

 

9.5  Concentration Risk:

  • Investing in art can lead to concentration risk, especially if a significant portion of your investment portfolio is allocated to art assets. Diversification is essential to mitigate this risk. Investors should consider their overall asset allocation and risk tolerance before investing in art.

 

9.6  Tax Considerations:

 

  • Art investments may have tax implications, including capital gains tax on any profits realized from the sale of artwork. Tax laws can vary by jurisdiction and may change over time. Investors should seek advice from a qualified tax advisor to understand the tax implications of their art investments.

 

9.7  Regulatory Considerations:

  • The art market is subject to various regulations and legal considerations, which may vary by country or region. Investors should be aware of any regulatory requirements related to art investments in their jurisdiction.

 

9.8  No Endorsement:

  • Any mention of specific artworks, artists, or investment strategies is for illustrative purposes only and should not be construed as a recommendation or endorsement. Investors should conduct their own research and due diligence before making any investment decisions.

 

9.9  Australian Specific Disclaimer:

  • This disclaimer is intended for use in Australia and internationally, It subject to Australian laws and regulations. Investors in Australia should consider local market conditions, tax laws, and regulatory requirements when evaluating art investment opportunities.

 

  1. Acceptance of Terms:

 

  • By accessing or using any art investment advice provided, you acknowledge that you have read, understood, and agree to be bound by this disclaimer. If you do not agree with any part of this disclaimer, you should not rely on or use the information provided.

 

This disclaimer is subject to change without notice. It is your responsibility to review this disclaimer periodically for any updates or changes.

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