Registration To bid in an auction, you will (a) create an account with us and (b) register for that auction in accordance with our registration procedures. On occasion, Rago/Wright may own a lot directly, in which case we will act in a principal capacity as a consignor, or a company affiliated with Rago/Wright may own a lot, in which case we will act as agent for that company, or Rago/Wright or an affiliated company may have a legal, beneficial or financial interest in a lot as a secured creditor or otherwise. You acknowledge that Rago/Wright acts as an agent for the seller, unless otherwise indicated in a Lot Particular, in a catalogue or at the time of auction. RAGO/WRIGHT as Agent The Agreement governs the relationship between you, as a bidders and/or buyer, on the one hand, and Rago/Wright and sellers, on the other hand. You Agree By registering to bid, bidding, or otherwise purchasing a lot from Rago/Wright, whether in person, by absentee bid, through an agent, or third party platform, you hereby enter into, and agree to be bound by and to comply with, this Agreement. This Agreement contains mandatory arbitration dispute resolution at Section 51. In this Agreement, "we," "us," "our," "Rago/Wright," "LA Modern Auctions," "LAMA," or similar terms mean Rago Wright, LLC, a Delaware limited liability company, and "you," "your," "buyer," "bidder" or similar terms mean the individual, corporation or other entity bidding on or buying a lot from us at auction, through the Internet or other means (with the foregoing parties sometimes called a "Party" and together "Parties").Ĭapitalized terms have the meanings given in Definitions. Rago/Wright offers each item of property (a "lot" or "lots") for sale subject to and under these Terms of Sale, as changed or supplemented by the Rago/Wright Privacy Policy and Lot Particulars as defined below ("Agreement"). This is a Legal Contract Between You and RAGO/WRIGHT LLC, dba LA Modern Auctions, dba LAMA.
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