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Art Sale Contract
"I need an Art Sale Contract governed by Singapore law for selling a contemporary oil painting valued at SGD 250,000 to a private collector, with specific provisions for international shipping to London and authentication requirements."
1. Parties: Identification and details of the seller and buyer
2. Background: Context of the sale and brief description of the artwork
3. Definitions: Key terms used throughout the agreement
4. Artwork Description: Detailed description of the artwork including medium, dimensions, and condition
5. Purchase Price: Amount and payment terms
6. Transfer of Title: Terms of ownership transfer
7. Warranties: Seller's warranties regarding authenticity and ownership
8. Delivery: Terms of delivery including timing and responsibility
1. Export License: Required for international sales or culturally significant works
2. Insurance: Coverage during transit and transfer of risk
3. Resale Rights: Artist's rights for future sales
4. Conservation Requirements: Specific maintenance or storage requirements
1. Schedule 1: Artwork Details: Detailed specifications, photographs, and condition report
2. Schedule 2: Provenance Documentation: History of ownership and authenticity certificates
3. Schedule 3: Insurance Certificates: Copies of relevant insurance documentation
4. Appendix A: Export Documentation: Required permits and licenses for international sales
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