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Consignor Agreement
"Need a Consignor Agreement for my art gallery in London, where we'll be receiving valuable paintings from multiple artists to sell on their behalf, with a 30% commission structure, starting from March 2025."
1. Parties: Identification and details of the consignor and consignee
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement including those from relevant legislation (Sale of Goods Act 1979, Supply of Goods and Services Act 1982)
4. Consignment Terms: Core terms of the consignment arrangement including delivery, storage, and handling requirements
5. Payment Terms: Financial arrangements, commission structure, and payment mechanics
6. Title and Risk: Ownership retention, risk allocation, and insurance requirements
7. Duration and Termination: Term of agreement, renewal provisions, and termination rights
8. Representations and Warranties: Standard warranties regarding authority, capacity, and quality of goods
9. Liability and Indemnification: Limitation of liability and indemnification provisions
10. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement
1. International Shipping: Specific provisions for cross-border consignment arrangements including customs and duties
2. Data Protection: GDPR compliance and data handling requirements when personal data is processed
3. Consumer Protection: Additional provisions required when consignment involves consumer goods
4. Competition Compliance: Specific provisions ensuring compliance with competition laws
1. Schedule 1: Consigned Goods: Detailed list and specification of goods subject to consignment
2. Schedule 2: Commission Structure: Detailed breakdown of commission calculations and payment terms
3. Schedule 3: Operating Procedures: Detailed procedures for handling, storing, and managing consigned goods
4. Schedule 4: Service Level Requirements: Performance metrics, reporting requirements, and quality standards
5. Schedule 5: Insurance Requirements: Specific insurance requirements and minimum coverage levels
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Consignment Sales Agreement
An English law agreement governing the arrangement where goods are provided for sale while ownership is retained by the original owner until sold.
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