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Protect Yourself

By Intellectual Property Law, Esq.

New York Times "Wealth Matters" columnist Paul Sullivan had a piece on buying art this weekend. It's mostly common sense stuff (it's "not always the case" that art increases in value), but Aris title insurance makes an appearance. Sullivan says they charge a "one-time premium" ranging "from 1 to 5 percent of the value," then adds:

"The reality, though, is that title insurance is still not broadly accepted. 'It hasn?t been purchased on a widespread basis,' said Paul Funk, executive managing director at Frank Crystal & Company, an insurance brokerage."

More on Aris here, here, and here.

Full post as published by The Art Law Blog on September 27, 2010 (boomark / email).