Consignment Agreement

# CONSIGNMENT AGREEMENT

**Effective Date:** {{effective_date}}

This Consignment Agreement is entered into by:

**Consignor (Owner):**
{{consignor_name}}
{{consignor_address}}
{{consignor_phone}}
{{consignor_email}}

**Consignee (Seller):**
{{consignee_name}}
{{consignee_address}}
{{consignee_phone}}
{{consignee_email}}

## 1. PURPOSE

The Consignor agrees to deliver goods to the Consignee for sale. The Consignee agrees to display and sell the goods on behalf of the Consignor.

## 2. CONSIGNED GOODS

{{goods_description}}

See attached inventory list for complete details.

**Total Estimated Value:** {{total_value}}

## 3. OWNERSHIP

The goods remain the property of the Consignor until sold. Title passes directly from Consignor to the end buyer upon sale.

## 4. PRICING

**Minimum Price:** {{minimum_price}}
**Suggested Retail Price:** {{suggested_price}}

The Consignee may: {{pricing_authority}}

## 5. COMMISSION/SPLIT

Upon sale:
- Consignee receives: {{consignee_percentage}}%
- Consignor receives: {{consignor_percentage}}%

Based on: {{split_basis}}

## 6. PAYMENT TO CONSIGNOR

**Payment Frequency:** {{payment_frequency}}
**Payment Method:** {{payment_method}}
**Payment Due:** {{payment_due}}

The Consignee will provide an itemized sales report with each payment.

## 7. CONSIGNMENT PERIOD

**Start Date:** {{start_date}}
**End Date:** {{end_date}}

At the end of the consignment period, unsold goods will be: {{unsold_goods_handling}}

## 8. DISPLAY AND CARE

The Consignee agrees to:
- Display goods appropriately
- Protect goods from damage or theft
- Maintain goods in saleable condition
- Not alter or modify goods without permission

## 9. INSURANCE

**Insurance Responsibility:** {{insurance_responsibility}}

Goods will be insured for: {{insurance_value}}

## 10. LOSS OR DAMAGE

If goods are lost, stolen, or damaged while in Consignee's possession:
{{loss_damage_terms}}

## 11. RETURNS AND RECALLS

The Consignor may recall goods with {{recall_notice}} written notice.

The Consignee may return goods with {{return_notice}} written notice.

## 12. EXCLUSIVITY

{{exclusivity_terms}}

## 13. RECORDS AND INSPECTION

The Consignee will maintain accurate records of:
- Inventory received
- Sales made
- Current inventory

The Consignor may inspect records with reasonable notice.

## 14. TERMINATION

Either party may terminate with {{notice_period}} written notice.

Upon termination:
- Consignee returns all unsold goods
- Final payment is made within {{final_payment_days}} days
- Both parties account for all transactions

## 15. GOVERNING LAW

This Agreement shall be governed by the laws of {{governing_state}}.

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**CONSIGNOR (Owner)**

Signature: {{consignor_signature}}
Name: {{consignor_name}}
Date: {{consignor_date}}

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**CONSIGNEE (Seller)**

Signature: {{consignee_signature}}
Name: {{consignee_name}}
Date: {{consignee_date}}