Legal Solutions for the Art Market
EXP Legal offers strategic solutions for private and institutional collectors, aiming to make the purchase and sale of art a friendly and transparent experience at every stage of the process. The department is divided into six practice areas:
Advisory
Our team of art advisors helps collectors buy art by offering a variety of services to simplify the acquisition process. We provide specialized guidance and assistance to individuals, collectors, corporations, and institutions looking to navigate the complex world of art acquisitions and investments.
Appraisal
Due diligence is an essential element to determine the value. We estimate the market value of an artwork or an entire collection. Our valuation involves comparing data from multiple sources such as art auction houses, private and corporate collectors, curators, art dealer activities, gallerists, experienced consultants, and specialized market analysts to arrive at a value.
Compliance
We offer KYC compliance for your transaction. KYC (“Know Your Client”) check is the mandatory process of identifying and verifying the client's identity when starting the transaction. It is a standard in the investment industry that ensures advisors can verify a client's identity and know their client's investment knowledge and financial profile.
Art Escrow
We provide secure, impartial, and professional handling of funds and artworks until the transaction is finalized and executed.
Legal & Tax
We offer comprehensive legal and tax consulting related to art transactions, including tax planning associated with art purchases and the negotiation of sales contracts, letters of intent, memorandums of understanding, and all other pre-transaction documents. We also provide advice on insurance aspects of artworks.
Finance
Our consulting aims to assist buyers even after the purchase of the artwork to enhance the asset's value from a financial perspective. Whether you are looking to fund an investment in fine art, an addition to your current personal collection, or another business or personal opportunity, you can count on our firm.
- Specialized consulting for artworks acquisitions
- Assistance to private and institutional collectors
- Market value assessment of artworks and collections
- KYC compliance services for all transactions
- Verification of client identity and financial profile
- Legal and tax consulting
- Tax planning related to art purchases
- Negotiation of sales contracts, letters of intent, NDAs and MoU
- Consulting on insurance aspects of artworks
- Assistance in enhancing the value of artworks as financial assets
- Personalized financing solutions for art investments