Get the free NEW Consignment Agreement - Powerboat Headquarters

CONSIGNMENT AGREEMENT Fees are due on the same day of each consecutive month during the term of this contract.

How to fill out new consignment agreement

How to fill out a new consignment agreement:

1. Read through the entire document carefully to understand its terms and obligations.
2. Fill in the names and contact information of both the consignor and consignee at the beginning of the agreement.
3. Specify the date the consignment agreement is being created.
4. Describe the goods or products that will be consigned, including relevant details such as quantity, quality, and any specific characteristics.
5. Outline the consignment period, which indicates the duration for which the consignee will have the right to sell the goods.
6. Determine the commission or payment structure for the consignee. Specify the percentage or amount they will receive when the goods are sold, as well as any additional fees or expenses that may be involved.
7. Include provisions for insurance, stating whether the consignor or consignee will be responsible for insuring the goods against loss or damage.
8. Specify any restrictions or conditions on the consignee's ability to discount or mark down the price of the consigned goods.
9. Outline the consignee's responsibilities, such as properly handling, storing, and marketing the consigned goods.
10. Include provisions for termination, indicating how either party can end the consignment agreement and under what circumstances.
11. Both the consignor and consignee should sign and date the agreement.
12. It's recommended to seek legal advice or consult a professional when drafting or filling out a new consignment agreement.

Who needs a new consignment agreement:

1. Retailers or businesses wishing to sell goods on consignment.
2. Artists or craftsmen consigning their work to galleries or stores.
3. Small businesses looking to increase their product distribution through consignment arrangements.
4. Individuals or collectors consigning valuable items to auction houses or specialty shops.
5. Any party involved in a consignment arrangement, where ownership of goods is retained by the consignor until they are sold.

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