Lease artwork "Untitled On Cobalt Blue" by Sio Montera with an option to purchase
Paintings by Sio Montera 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
Sio Montera is an abstract artist and multi-awarded art professor from the Philippines. He is a faculty of the Fine Arts Program of the College of Communication, Art, and Design in the University of the Philippines Cebu. His artistic body of work has been featured in the country’s leading galleries and institutions with over thirty solo exhibitions as a testament to his proficiency. His works have also been selected to represent the Philippines in international art fairs and biennales including the prestigious Gwangju Biennale, the Beijing Art Biennale. He was awarded the top prize for non-objective art in the 2010 Philippine GSIS painting competition and a juror’s choice award in the 2011 Philippine Art Awards. He obtained his Master in Fine Arts degree from University of the Philippines Diliman and accomplished a PhD in Creative Industries Design from National Cheng Kung University in Taiwan. As an academic, his research work has been presented in international conferences and published in peer-reviewed journals. The University of the Philippines has acknowledged his accomplishments as a twice-recipient of the Artist Productivity Award and Gawad Chancellor Awards. Sio Montera is also active in cultural community work as a executive council member of the National Committee on Visual Arts in the Philippine National Commission for Culture and the Arts from 2007-2025.
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Nationality:
PHILIPPINES
- Date of birth : 1972
- Artistic domains:
- Groups: Contemporary Filipino Artists
