Lease artwork "Saint Francis" by Edwin Loftus with an option to purchase
Drawings by Edwin Loftus are available for lease with purchase option
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Frequently Asked Questions
What are the advantages of leasing works of art?
- Financial Flexibility: You can enjoy exceptional, high-value works of art without a large initial investment.
- Tax Benefits: Receive potential tax benefits as rents can be deducted as a business expense.
How are the prices of monthly payments for leasing works of art set?
- The costs depend on the value of the work, the duration of the leasing contract, and any services included such as installation.
Can we buy the work after the leasing period?
- Yes, on Artmajeur leasing contracts offer a purchase option at the end of the contract, allowing customers to acquire the work at a determined price (residual value).
How are the safety and insurance of works managed?
- Insurance during the duration of the rental contract is the responsibility of the customer. It is therefore important to check the details of your insurance contract to be sure that your leased works are covered in the event of damage.
What are the conditions for terminating the leasing contract before its end?
- Unless there are specific conditions, leasing contracts for works of art commit the client to payment of the entire price of the work; payments are therefore due until the end of the lease.
About the author
Edwin Loftus is an American painter and draftsman born in 1951. His interest in art began at the age of 4 when he decided to draw something real rather than working from his imagination.
As a child he excelled at drawing and as a teenager he began to experiment with oil painting. In college, he took courses in art and art history and realized that true art had nothing to do with the quality of the drawing or painting, but that it had to have the ambition to push the boundaries and expand the visual experience.
He also studied philosophy, psychology and history and quickly realized that it was just another art establishment trying to defend its elitist industry and reward system. Their skills were almost non-existent, they knew nothing about psychology, perception or stimulus response, and they were extensions of the belief system that made communism, fascism and other forms of totalitarianism such destructive forces in the world. They literally believe that art shouldn't be available to ordinary human beings, but only to an elite "sophisticated" enough to understand it.
Edwin Loftus realized that the emperors of art had no clothes, but they were still the emperors. Gifted in art, he worked hard to acquire this skill. So he found other ways to make a living and sold a few artworks from time to time. For sixty years, many people enjoyed his works and some collected them.
Today, Edwin Loftus is retired. Even if he sold all his paintings for the price he asked, "artist" would be the lowest paid job he ever had... but that's the way it is. It won't matter to him after he dies. He just hopes that some people will like what he does enough to enjoy it in the future.
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Nationality:
UNITED STATES
- Date of birth : 1951
- Artistic domains: Works by artists with a certified artist value,
- Groups: Certified Artists Contemporary American Artists
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