What is a limited exclusive license?

A limited exclusive license is a type of legal agreement in Art Law in Washington that permits a person or organization to use a specific work of art legally, in exchange for money. This type of agreement extends a limited form of exclusive copyright protection to the person or organization that holds the license. For example, if a company purchases a limited exclusive license for a painting, it has the exclusive right to display, reproduce and/or use the painting for a predetermined period of time. The license holder may not substitute, assign or sell the license to someone else. Furthermore, the license holder cannot claim copyright over the artwork - only a limited exclusive license. It is important to note that the original artist who created the artwork still owns the copyright and can sell more limited exclusive licenses, or individual prints, to other people or organizations.

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