Security Rights on Art - Art & Collections - Movable Property
Legal recording of rights, obligations, and securities concerning artworks and collections as movable property.
A structure for security rights governs how pledges, retention rights, or other securities are legally established on artworks, how financing and repayment obligations are coordinated, and how these rights are legally enforceable against the relevant parties.
This arrangement covers, among other things:
- Recording of pledges, retention rights, or other security rights on artworks and collections.
- Procedures for establishment, registration, and enforcement of security rights.
- Risk transfer and liability during financing, storage, or use of artworks.
- Procedures in case of default, contract breach, or notice of default.
- Verification and inspection of ownership, authenticity, and provenance of artworks.
- Administrative obligations for registration and documentation of security rights.
We prepare tailored documentation adapted to:
- Financing or security structures related to artworks and collections.
- Private collections, gallery transactions, and institutional art holdings.
- Situations involving multiple financiers or complex security structures.
- International art transactions and cross-border security rights.
- Linking with existing contracts, provenance documentation, and insurance structures.
The security structure is legally established so that all rights, obligations, and priorities are clear, enforceable, and consistent within the entire contractual and commercial context.
Scope of documentation
The engagement may include, among other things:
- Recording of pledges, retention rights, and other security rights on artworks.
- Contractual arrangements regarding financing and repayment obligations.
- Provisions concerning risk transfer and liability.
- Procedures in case of default, notice of default, or contract breach.
- Administrative registration of security rights on art and collections.
- Linking with existing contracts, provenance documentation, and insurance structures.
Each security structure is legally reviewed in advance to prevent interpretation differences, liability risks, and disputes concerning artworks and collections.