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Wholesale Auto AuctionPublic Auction Consignment Agreement Form CONSIGNEE (Auction “): Jet Auction Ltd 861 Fallbrook Road, Parkville, BC V9P 2A9 info JettAuction.com Tel: (250) 951 2246GST 859084568
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How to fill out public auction consignment agreement
How to fill out public auction consignment agreement
01
Obtain a copy of the public auction consignment agreement form.
02
Read through the entire agreement to familiarize yourself with its terms and conditions.
03
Fill in the necessary information, such as your name, address, and contact details, as the consignor.
04
Provide details about the item or items you wish to consign for auction, including a description, condition, and any applicable appraisal or valuation.
05
Specify the length of the consignment period and any minimum reserve price or commission percentage.
06
Include any additional terms or conditions that you wish to add to the agreement, such as insurance requirements or exclusions.
07
Review the completed agreement for accuracy and completeness.
08
Sign and date the agreement, and provide any required witness signatures if necessary.
09
Make copies of the signed agreement for your records and for the auction house.
10
Submit the consignment agreement to the designated representative or department at the auction house.
11
Keep track of important dates and deadlines specified in the agreement, such as the start and end of the consignment period and the auction date.
12
Communicate with the auction house throughout the consignment process, providing any necessary updates or information.
13
Attend the auction or monitor the results online to see the outcome of your consigned items.
14
If your item sells, follow the auction house's instructions for payment and any applicable fees or commissions.
15
If your item does not sell, discuss options for potential reconsignment or retrieval.
16
Keep a copy of the completed consignment agreement and any associated documentation for your records.
Who needs public auction consignment agreement?
01
Anyone who wishes to sell their items through a public auction could benefit from a public auction consignment agreement.
02
Individuals or businesses looking to consign valuable or collectible items for auction can use this agreement to establish the terms and conditions of the consignment arrangement.
03
Auction houses or auctioneers who facilitate public auctions may also require consignors to fill out a consignment agreement to ensure that both parties are in agreement regarding the consignment process and any associated fees or commissions.
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What is public auction consignment agreement?
Public auction consignment agreement is a legal document outlining the terms and conditions between a seller and an auction house for the sale of goods.
Who is required to file public auction consignment agreement?
The seller or consignor is required to file the public auction consignment agreement.
How to fill out public auction consignment agreement?
The public auction consignment agreement can be filled out by providing all relevant information about the goods being consigned and the terms of the agreement.
What is the purpose of public auction consignment agreement?
The purpose of the public auction consignment agreement is to establish the legal relationship between the seller and the auction house for the sale of goods.
What information must be reported on public auction consignment agreement?
The public auction consignment agreement must include details about the goods being consigned, the selling price, commission rates, and any other relevant terms.
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