Post by Open Art Data

Collateral is a much abused concept. A bit of clarity is needed. Imagine if every time a home buyer pledged the house as collateral to secure a loan, someone claimed that meant the borrower had transferred the house to the lender and that the lender could then simply sell it even if the borrower did not default. Would be interesting to review all Nazi-looted art cases where collateral is discussed. https://lnkd.in/ejVGshVF #provenance #patterns #art