If you don't understand a term in the consignment agreement, it is important to seek clarification before signing the agreement. Here are some steps you can take to better understand the terms:
Ask the gallery: Reach out to the gallery or the person who provided the agreement and ask for clarification on the specific term you don't understand. They should be able to explain the term and its implications in the context of the agreement.
Conduct research: Look up the term online or in legal resources to gain a better understanding of its meaning and how it applies to consignment agreements.
Consult with peers: Reach out to fellow artists or individuals who have experience with consignment agreements to get their perspective and understanding of the term.
Seek professional advice: If you are still unsure about the term or its implications, consider consulting with an attorney or a legal expert who specializes in art law or contract law. They can help you understand the term and advise you on whether it is fair and appropriate for your situation.
Remember, it is crucial to fully understand the terms of a consignment agreement before signing it, as it is a legally binding document that outlines the rights, responsibilities, and expectations of both the artist and the gallery. Ensuring that you understand all the terms will help protect your interests and avoid potential misunderstandings or disputes in the future.