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- CONSIGNMENT AGREEMENT
-
- This agreement is made on [date] between [name of
- shop] , herein referred to as "Seller", and
- [individual]
-
- Whereas [individual] wishes to sell [description of
- item(s)] by consigning said item(s) to [name of shop]
- for sale, it is understood:
-
- That Seller agrees to display item(s) in a prominent place
- in his establishment.
-
- That Seller will make every attempt to obtain the best
- possible price for the consigned merchandise and will accept
- no less than $ as purchase price.
-
- That for his efforts Seller is entltled to retain [percent]
- of the purchase price.
-
- That should a sale be effectuated, Seller shall forward a
- check for the amount of the full purchase price less the
- aforementioned [percent] to Consigneee within 10 days
- of the receipt of same.
-
- That Seller represents that he maintains insurance for theft
- and damage, and that the consigned merchandise will be covered
- by said insurance while it is in his possession.
-
- That Consignee agrees to leave the merchandise with Seller
- for a minimum of [time]
-
- That should the merchandise remain unsold at the end of the
- consignment period and an election be made by the Consignee
- to remove said merchandise, any costs incurred by the delivery
- of same to Consignee shall be borne by Consignee.
-
-
-