Due Diligence in art transactions

October 17, 2021

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According to best practices suggested by non-profit initiative RAM (the Responsible Art Market initiative), “due diligence” is commonly defined as “action that is considered reasonable for people to be expected to take to keep themselves or others and their property safe”.[1]

When engaged in regular sales and acquisitions, it pays to re-examine due diligence in art transactions, both online and in real time. Read the full paper contributed to Amineddoleh & Associates LLC on working with an art advisor and best practices for minimizing risk:

https://www.artandiplawfirm.com/guest-blog-post-due-diligence-in-art-transactions/