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The California Resale Royalty Act ((Civil Code section 986 )) entitles artists to a royalty payment upon the resale of their works of art under certain circumstances. == Conditions for resale royalty payments == * The artist at the time of the sale is a United States citizen or has been a California resident for at least two years. * The seller resides in California or the sale takes place in California. * The work is an original painting, drawing, sculpture or original work of art in glass. * The work is sold by the seller for more money than she or he paid. * The work is sold for a gross price of more than $1,000 or is exchanged for one or more works of art or for a combination of cash, other property, and one or more works of fine art with a fair market value of more than $1,000. * The work is sold during the artist's lifetime or within 20 years of the artist's death.〔(California Arts Council )〕 Act does not apply if: * The sale is the initial sale of the work and the legal title of the work at the time of such initial sale is vested in the artist. * The resale of fine art is by an art dealer to a purchaser within 10 years after the initial sale by the artist to an art dealer, provided that all intervening sales are between art dealers. * The sale consists of a work of stained glass artistry permanently attached to real property and it was sold as part of the sale of the real property to which it was attached.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「California Resale Royalty Act」の詳細全文を読む スポンサード リンク
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