Resale rights - graphic and plastic arts
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 302mo ago
This procedure aims to standardize the rules across EU member states regarding the 'resale right.' This right allows creators of original works of art, such as paintings and sculptures, to receive a percentage of the sale price whenever their work is resold through an art market professional.
This affects artists, galleries, and auction houses. It ensures that artists benefit financially from the increasing value of their work over time, regardless of which EU country the resale occurs in.