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Consignment

Consignment Letter

Dear

This is to confirm our agreement whereby you will be
offering for sale in your shop my [item (s)]

It is my understanding that you will accept no less than
$ for this item and, in the event of a sale, your
consignment fee will be[percent]of the purchase price. It
is my further understanding that you will inform me of a
sale immediately. I agree to leave my [item] on
consignment with you for a period of [time] ,
and the same will be covered under your insurance policy
for theft or damage for said time that it is in your
possession.

If the terms set forth herein conform with your
understanding of our verbal agreement, please indicate
your acceptance by signing in the space provided for your
signature.

Consignment Agreement Form

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.