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A Banksy on your wall could raise your legal bills as well as your house price

Waking up to find that Banksy has painted a valuable piece of street art on the side wall of your building would likely inspire thoughts of rising property values and a potential windfall from selling either the building or, more likely, the artwork.

In the case of a freehold owner, the position is straightforward as the owner would own the land and the building on it absolutely. However, the position is potentially more complex where a tenant takes the lease of the whole of a building. To read more on how removing a Banksy from your building could lead to legal action to determine who owns the artwork, head to Spear's Wealth Management Magazine.

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Art and heritage property Private Wealth Real Estate

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