Contemporary Russian Armenian Art

By making a bid, whether in person, by phone, absentee bid, or via the internet, you agree to be bound by the following terms and conditions without recourse. There is a 22.5% buyer's premium added to the successful hammer price of every lot, which the purchaser of the lot agrees to pay along with applicable taxes as part of the total purchase price. Muradyan's has the right to hold merchandise if paid for by personal check until such time as the check has cleared. All sales are subject to a state sales tax unless the purchaser provides the auction house with a valid resale certificate exempting him/her from payment of the tax, or if the purchaser is from outside of United States and has the purchase shipped to a location outside of the United States. The items offered for sale by Muradyan's are offered as agent for consignors. The contract for sale of the items is made between the consignor of the property and the buyer. In cases where we own the property, the contract for sale is made between us and the buyer. Bidders should personally examine each lot on which they will be bidding, in order to determine condition, size, and restoration or repair. All items are sold as-is and where-is. Muradyan's disclaims any express or implied warranties or guarantees as to the authenticity,age or date, condition, merchantability, fitness for a particular purpose, correctness of the catalog or supplemental material, or other description of the physical condition, size, quality, rarity, importance, medium, provenance, exhibitions, literature or historical relevance of any property. No statement made anywhere, by us, our employees, officers, or agents, whether written or verbal, shall be deemed such a warranty or assumption of liability. Photographic images of items being offered, whether provided in print or online, as well as references in the catalogue entry or condition report to damage or restoration are for guidance only and are provided as a convenience to prospective bidders. The absence of any reference in a condition report or photograph does not imply that an item is free from defect or restoration, nor does a reference to particular defects imply the absence of any others. Neither Muradyan's nor its consignors are responsible in any way for errors and omissions in the catalogue, condition reports, or any other supplemental material. All sales are considered final with the following exception: Muradyan's will agree to a refund of the purchase price if within thirty (30) days of auction, the purchaser obtains and sends to Muradyan's a written letter from a mutually recognized expert or authority on the artist stating unequivocally that the work is a forgery or not by the represented artist. It is understood that purchase date is the date of the auction. The choice of expert or authority must be mutually agreeable to Muradyan's and the purchaser. This exception will only apply to a work signed by the artist and not to an attribution, manner of, school of, follower of a particular artist or country or continent. The letter must be signed, and on letterhead of the recognized expert or authority. Any exceptions to this rule must be specifically approved by Muradyan's. We do not recognize the opinion of any auction house or it's employees as an expert opinion. The prospective buyer must complete and sign a registration form before bidding. Muradyan's reserves the right to require bank or other financial references for participation in the auction or bidding on a specific lot. Muradyan's has the right at our complete discretion to refuse any individual bidder's participation in any auction. When making a bid, a bidder is accepting personal liability to pay the purchase price, including the buyer's premium and all applicable taxes, plus all other applicable charges, unless it has been explicitly agreed in writing with Muradyan's. before the commencement of the sale that the bidder is acting as an agent on behalf of an identified third party acceptable to the auction. Muradyan's reserves the right to withdraw any property before or during the sale and shall have no liability whatsoever for such withdrawal. Muradyan's and its auctioneer have the right at their absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as they may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. Muradyan's reserves the right to reject any bid. Subject to our discretion, the highest bidder accepted by the auctioneer will be the buyer and the striking of his hammer marks the acceptance of the highest bid and conclusion of a contract for sale between the seller and buyer. Some lots in the sale are subject to a reserve, which is the confidential minimum price below which such lot will not be sold. Reserves are agreed upon with consignors or, the absence thereof, in the absolute discretion of Muradyan's. We may implement reserves by opening the bidding on behalf of the consignor and may bid up to the amount of the reserve, by placing successive or consecutive bids for a lot, or bids in response to other bidders. In instances where we have an interest in the lot other than our commission, we may bid up to the reserve to protect such interest. In certain instances, the consignor may pay us less than the standard commission rate where a lot is "bought-in" to protect its reserve. If the auctioneer decides that any opening bid is below the reserve of the article offered, he may reject the same and withdraw the item. All merchandise purchased must be paid for and removed within seven days of the sale. Muradyan's shall be entitled to retain items sold until all amounts due have been received in full in good cleared funds. If payment in full is not received within seven calendar days following the auction, Muradyan's exercise one or more of the following rights or remedies (in addition to asserting any other rights or remedies by law): (a) hold the defaulting buyer liable for the total amount due and to begin legal proceedings for its recovery together with interest, legal fees, and costs to the fullest extent permitted under applicable law (b) cancel the sale (c) to resell the property publicly or privately on such terms as we find appropriate (d) resell the property at public auction without reserve (e) to charge interest at such rate as we shall reasonably decide (f) to pay the seller an amount up to the net proceeds payable in respect of the amount bid by the defaulting purchaser (g) to reject at any future auction any bids made by or on behalf of the buyer or to obtain a deposit from the buyer before accepting any bids (h) to take such other action as Muradyan's deems necessary or appropriate. If property is not picked up within sixty days, Muradyan's reserves the right to send the purchased property to a third-party warehouse for the account, and expense of the bidder, and only release the items after payment in full has been made of removal, storage, handling, insurance and any other costs incurred, together with payment of all other amounts.Muradyan's is under no obligation, but may agree, to package and ship an item at the request of the purchaser. The purchaser agrees that packaging, shipping and handling is the absolute risk of the purchaser. The purchaser will pay all costs including, but not limited to, the handling and insurance associated with shipping. Muradyan's will be held harmless from any claim and any rights of subrogation from an insurance carrier are waived against Muradyan's. Immediately following the sale, the buyer must provide with his or her name and permanent address and, if so requested, details of the bank from which payment will be made. The buyer must pay the full amount due (comprising the hammer price, buyer's premium and any applicable taxes) not later than the seventh calendar day following the sale. This applies even if the buyer wishes to export the lot and an export license is, or may be, required. The buyer will not acquire title to the lot until all amounts due to auction from the buyer have been received in good cleared funds. Muradyan's is under no obligation to assist in applying for an export license, but if the buyer requests the auction to apply for an export license on his or her behalf, Muradyan's shall be entitled to make a charge for this service. Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do not accept liability for failing to execute a written bid or for errors and omissions in connection with it. With regards to telephone bids, if a prospective buyer makes arrangements with Muradyan's prior to the sale we will use reasonable efforts to contact them to enable them to participate in the bidding by telephone, but we do not accept liability for failure to do so or for errors and omissions in connection with telephone bidding. Muradyan's also not liable for any failure or execution to take bids submitted to the auction via third party internet sites such as LiveAuctioneers, nor the auction is liable for any technical difficulties involved in receiving those bids. Muradyan's reserves the right to publicize and provide the results of any sale, including images, on our own website as well as to any third party we choose, including online auction-result databases. If any part of these terms and conditions of sale is found by any court to be invalid, illegal or unenforceable, that part shall be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law. The rights and obligations of the parties with respect to these conditions of sale, the conduct of the auction and any matters connected with the foregoing shall be governed and interpreted by the laws of the jurisdiction in which the auction is held. By bidding at auction, whether present in person or by agent, by written bid, telephone or other means, the buyer shall be deemed to have submitted, for our benefit, to the exclusive jurisdiction of the courts of the state, county, province and if applicable federal courts sitting in such territory. Muradyan's reserves the right to waive or modify the conditions and terms of sale by written agreement.