The Artist's Reserved Rights Transfer and Sale Agreement

The Artist's Reserved Rights Transfer and Sale Agreement (also known as the Artist's Contract or Projansky Deal) is an open-source[citation needed] legal contract for the transfer and sale of an individual work of art in any medium, material or immaterial, including digital art.

[2] Article 2 of the contract stipulates that collectors agree to give the artist a resale royalty of 15% of the increase in price over the initial sale.

[4] The Artist's Contract was first published by the School of Visual Arts, New York, as a fold out poster, [citation needed].

The final page of the contract portion features a form that must be signed by the artist and the collector of their work, and is intended to be affixed to the artwork itself.

In no way was it intended to be a radical act; it was intended to be a practical real life, hands on, easy to use, no bullshit solution to a series of problems concerning artists’ control over their work; it wasn’t proposing to do away with the art object, it was just proposing a simple way that the artist could have more control over his or her artwork once it left their studio.

A new Dutch translation was produced for the exhibition "Seth Siegelaub: Beyond Conceptual Art" at the Stedelijk Museum, Amsterdam, 2015.