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1. Parties: Identification of the consignor (owner of goods) and consignee (seller/agent), including full legal names, addresses, and business numbers
2. Background: Brief context explaining the purpose of the consignment arrangement and the parties' intentions
3. Definitions: Key terms used throughout the agreement including 'Consigned Goods', 'Consignment Period', 'Commission Rate', and 'Net Proceeds'
4. Appointment and Scope: Details of the consignee's appointment and authority to sell the consigned goods
5. Delivery and Acceptance of Goods: Process for delivering goods to consignee and documentation requirements
6. Pricing and Commission: Agreed pricing structure, commission rates, and payment terms
7. Title and Risk: Confirmation that title remains with consignor until sale, and allocation of risk
8. Obligations of Consignee: Duties of the consignee including care of goods, reporting, and sales efforts
9. Accounting and Payment: Requirements for record-keeping, reporting sales, and remitting payments
10. Term and Termination: Duration of the agreement and circumstances for termination
11. Return of Unsold Goods: Process and timing for returning unsold goods to the consignor
1. Insurance: Requirements for insurance coverage of consigned goods - include when high-value items are involved
2. Marketing and Display: Specific requirements for how goods should be marketed and displayed - include for retail consignment
3. Exclusivity: Terms regarding exclusive selling rights - include when territorial or product exclusivity is granted
4. Minimum Performance Requirements: Sales targets or minimum performance standards - include for longer-term arrangements
5. Storage and Handling: Specific requirements for storage and handling - include for sensitive or valuable goods
6. Intellectual Property: Protection of trademarks and brand usage - include when branded goods are involved
7. Security Interest: PPSA registration and security interest provisions - include for high-value consignments
1. Schedule A - Inventory List: Detailed list of consigned goods including descriptions, quantities, and condition
2. Schedule B - Pricing Schedule: Detailed pricing structure, including minimum sale prices and commission rates
3. Schedule C - Condition Report: Detailed condition report of goods at time of consignment
4. Appendix 1 - Reporting Template: Standard format for sales reporting and accounting
5. Appendix 2 - Handling Instructions: Specific instructions for care, storage, and handling of goods
Applicable Laws
Business Day
Commission
Consigned Goods
Consignment Period
Consignor
Consignee
Effective Date
GST/HST
Gross Proceeds
Inventory Report
Minimum Sale Price
Net Proceeds
Payment Period
Point of Sale
Premises
Purchase Price
Reporting Period
Sales Records
Security Interest
Selling Price
Term
Territory
Title
Unsold Goods
Authority
Title and Risk
Delivery
Storage and Handling
Commission
Payment Terms
Sales Process
Reporting
Insurance
Warranties
Liability
Termination
Return of Goods
Confidentiality
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Security Interest
Intellectual Property
Exclusivity
Performance Standards
Record Keeping
Tax Compliance
Indemnification
Retail
Art and Antiques
Fashion and Apparel
Luxury Goods
Automotive
Electronics
Industrial Equipment
Agricultural Products
Collectibles and Memorabilia
Furniture and Home Decor
Sporting Goods
Books and Media
Legal
Operations
Sales
Finance
Procurement
Compliance
Commercial
Business Development
Retail Operations
Supply Chain
Contract Administration
Business Owner
Sales Manager
Retail Manager
Operations Director
Legal Counsel
Contract Administrator
Procurement Manager
Commercial Director
Gallery Owner
Store Manager
Inventory Manager
Finance Manager
Compliance Officer
Business Development Manager
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