The Art of Real Estate: Understanding the Visual Artists Rights Act

  • July 24, 2000
  • • Written by: Susan Taylor John Mackel

Summer 2000, Vol 25, No 2

Abstract: Building owners, building purchasers, and real estate lenders often face challenges when dealing with art work displayed or commissioned by a real estate property as set forth by the Visual Artists Rights Act of 1990 (“VARA”). This manuscript explores the many issues surrounding VARA and factors that building owners and real estate lenders should consider when contracting with artists and contemplating the purchase of real property already adorned with works of art.