PROFILE AND OWNERSHIP

 

  • Full contact information of the owner(s)
  • Proof of ownership of the artwork
  • Complete provenance, certificates, authentications and appraisals issued by credible institutions acceptable to us.
  • Export permit, if required.
  • Asking price

REQUIREMENTS AND DOCUMENTATIONS

 

  • All intermediaries, agents, representatives, facilitators and legal counsels ("Agents") must have established relationships with the owners, able to provide evidence / authorization of such, and must secure their positions with their principals.
  • All Agents must have verifiable exclusivity in writing to represent their principals.
  • We protect all Agents but will not execute any non-disclosure / fee agreement prior to execution of the sales and purchase agreement.
  • Upon satisfactory verification of authenticity of the artwork and receipt of an appraisal issued by a credible institution acceptable to us,  we will be able to instruct our financial institution to submit a proof of financial capability in the form of a Bank Comfort Letter ("BCL") in the amount equal or higher than the appraised value of the artwork. We will only submit BCL directly to the principal owners of the artwork / their banks.

         NOTE: Above requirements are not subject to

                     negotiation.

PROCEDURES

 

  • Upon completion of our initial due diligence, we might require additional supporting documents / evidence.
  • We might require a refundable good-faith retainer to cover the expenses of recertification process, if it becomes necessary. We will not finance the recertification process.
  • We at all times reserve the right to reject the profile / artworks / all documentations, to terminate discussions with any or all parties involved, and to reject any or all offers (on whatever terms) at any time and without ascribing any reason for the same.
  • We will not execute any agreements with Agents and/or any other third parties.
  • We have zero tolerance for misrepresentations and fabrications.
  • Upon satisfactory completion of our required due diligence, we will proceed directly with the principal owner(s) of the artwork to the phases of re-inspection, authentication and recertifications, if necessary.

For details / questions, please click here for the Desktop Version,, or email us at: bf@ArtScienceinc.com, or contact Mr. Behzad Farahani directly at: +1 203 964 7777