What is an artist’s resale royalty?

An artist’s resale royalty is a payment made to an artist when their artwork is resold. This payment is based on a percentage of the money that is made from the sale. Kansas has a royalty law that entitles artists to a royalty each time their work is resold. This is known as an Artist’s Resale Royalty. The Kansas Artist’s Resale Royalty Act applies to artwork that was created for sale after 1986 and has a total sale price of $1,500 or more. Artists may receive a royalty of between 5% and 20%, which will be split between the artist and their representative, if applicable. The amount of royalty paid depends on the total selling price of the artwork. This law is designed to help protect the rights of artists and ensure that they are fairly compensated for their work. It also serves to help artists generate additional income from their artwork. By providing compensation when artwork is resold, artists may be more inclined to create and sell their work knowing that they will receive an additional financial reward.

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What is an artist’s resale royalty?

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