Consignment Agreement Templates – 10 Free Sample Templates

When one wants somebody to sell products, merchandise and etc. on their behalf, they sign a consignment agreement. A consignment agreement is a legal document which allows the consignor (the person who wants an individual to sell goods on their behalf) and a consignee (the individual being granted the right to sell merchandise and goods on somebody’s behalf). Many times the consignment agreement is also referred to as a Consignment Contract, Consignment Sales Agreement or Consignment Inventory Agreement, but usually it is known as a consignment agreement. When both the parties have come in a consignment agreement, the consignee will be acting as an agent for the consignor. This agreement has some parameters which need to be followed.

The consignee, upon signing the agreement does not become the owner of the goods, he/she simply is an agent and until the goods or merchandise isn’t sold to somebody, the consignor becomes the rightful owner. It is the duty of the consignee that he/she looks after the goods that are to be sold. If in anytime of the time period of the agreement, the consignor has the right to ask for his products and goods back which may be done so according to the terms and conditions stated in the agreement.

A consignment agreement, in most cases is signed because an individual or an organization doesn’t want to sell the products or merchandise themselves and when hiring an agent, they want the ownership as well. Usually in third party sales, the agent represents him/herself as the owner and sells the goods on his/her behalf.

A consignment agreement prevents that from happening. A second reason as to why a consignment agreement is drafted because the business or an organization doesn’t want to sell their goods or products to the agent on an invoice basis. They want to stay clear of the invoices. Another reason why such an agreement is drafted because the goods or merchandise in question are of high value, and the owners want to make sure that their ownership is safeguarded at the time of sale. If one is considering coming in a consignment agreement, they should either be a business who want to sell goods for others or you are a business that want someone to do the selling for you on your behalf.

A consignment agreement contains terms, conditions and clauses regarding issues like the deadline for the sale, the commission rate that the consignee will be taking along with defining situations like what actions should be taken if there is no sale.

Such terms and conditions help both the parties to know what should be done, in case there is an unfavorable situation and prevents a dispute from happening. The consignment agreement is known to be one of the most flexible agreements and can be used for various situations. But, if there are some conditions that you are unsure about, then it is best that an attorney or a lawyer be consulted who would better help you draft an agreement accordingly.

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

Sample Consignment Agreement Templates

Here is preview of Consignment Agreement Template in MS Word Format,

Here is download link for this Consignment Agreement Template,

 

 

Posted in: Agreement Templates

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