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#1
12-04-2003, 09:27 AM
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Leasing Sculptures
Hello Again,
I have been placing my sculptures where I can all over the town and using the local area as my canvas and of course everyone likes the idea and now I 'm getting calls to place them ,but why buy the cow when you get the milk for free, and here in Conn as all over who has $1000's of dollar to spend now. I have seen that some artist lease. How does that work do you just pick a fiqure based on selling price?, then option to buy?who pays moving? etc. if anyone has done please advise. Thanking You In Advance, Chaz
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#2
12-04-2003, 03:14 PM
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I've not seen it done directly by the artist. Noramally it is handled by an art lease company.
I think it would be a complicated business to do on your own, unless your friends with the client - and even then. Things like maintenance and repair to damage, pulbic liability insurance and dispute resolution make it a mine-field. Having said all that, if you can strike a deal...  What about purchase by installment? X every month, own in Y. Keep it for duration. That way, it becomes no more than a sale. Will you post some pictures of your recent installs?
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'some australian sculpture...'
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#3
12-04-2003, 03:18 PM
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Or no contract, payment in kind.
Front of a 5 star restaurant... Inside Sony head office... Desk of Brewery CEO... And foyer of top law firm. Just in case! 
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'some australian sculpture...'
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#4
12-05-2003, 04:42 PM
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Araich,
Thanks it does seem complicated I guess you get into all that lawyer shit,but it seems a good way to get pieces out and I would do it only with corporate offices.Today I put one on loan for the Seitz Corp. I fiqure that I let them live with it while I go to Grenada with hopes of a sale when I get back,but leasing for Corporate seems like a good way to go and make some money and get the work out at the same time using them as mini gallerys at the same time. I just sent two to the gallery last month I have them on my site in gallery 5 I will try and post a picture as soon as I fiqure out how,Today I just put up that stainless kenetic one you gave me advice on today and I will powder coat it when I get back.Thanks for the input. Happy Holiday to All, CHAZ
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