Droit de Suite

Droit de suite, also known as resale right, is a legal right that ensures artists or their heirs receive a percentage of the resale price whenever their artworks are resold after the initial sale. This benefit aims to support artists financially from the increasing value of their work over time. Typically, it applies to higher-value sales and is collected by auction houses or galleries, then passed on to the artist or their estate. The specifics, such as the percentage rate and threshold levels, vary by country, but the core idea is to recognize and reward artists' ongoing contribution to the art market.