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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.

Related Expertise

Art and heritage property Private Wealth Real Estate

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