Dealer Consignment Form Template for England and Wales

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Key Requirements PROMPT example:

Dealer Consignment Form

"I need a Dealer Consignment Form for my art gallery in London, where we'll be taking high-value paintings on consignment with a 30% commission rate and specific requirements for climate-controlled storage and specialized insurance coverage."

Document background
The Dealer Consignment Form is a crucial document used when owners wish to sell their goods through a dealer without transferring ownership until the final sale. This agreement, governed by English and Welsh law, establishes the legal framework for the consignment relationship, protecting both parties' interests. The document typically includes detailed descriptions of consigned items, pricing strategies, commission structures, insurance requirements, and payment terms. It's particularly important in sectors dealing with valuable items where clear documentation of ownership, responsibilities, and financial arrangements is essential.
Suggested Sections

1. Parties: Identification of dealer and consignor with full legal details

2. Background: Context of the consignment arrangement and general purpose

3. Definitions: Key terms used throughout the agreement

4. Description of Goods: Detailed description of consigned items including condition

5. Pricing and Commission: Agreement on pricing strategy and dealer's commission structure

6. Duration: Term of the consignment arrangement

7. Responsibilities of Parties: Duties of both dealer and consignor

8. Risk and Insurance: Allocation of risk and insurance requirements

9. Payment Terms: Terms for payment processing and distribution

Optional Sections

1. Marketing Rights: Rights to advertise and promote items - use for high-value items requiring specific marketing approach

2. Exclusivity Provisions: Terms for exclusive dealing rights - use when dealer requires exclusive rights to sell items

3. International Sales: Terms for international transactions - use when items may be sold internationally

4. Storage Requirements: Specific storage conditions - use for items requiring special storage conditions

Suggested Schedules

1. Schedule of Goods: Detailed inventory of consigned items with photographs and condition reports

2. Commission Structure: Detailed breakdown of commission rates and calculation methods

3. Insurance Certificates: Copies of relevant insurance documentation

4. Authentication Documents: Certificates of authenticity or provenance where applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Industries

Sale of Goods Act 1979: Primary legislation governing goods sales contracts, defining rights and obligations of parties, covering title, description, and quality standards

Consumer Rights Act 2015: Legislation protecting consumer rights in sales, including quality standards, consumer protection, and unfair contract terms provisions

Agency Law principles: Common law principles governing agency relationships, including fiduciary duties, authority scope, and agent's powers in consignment arrangements

Supply of Goods and Services Act 1982: Legislation covering service aspects of agreements, including implied terms about care and skill in service provision

Factors Act 1889: Historical legislation dealing with mercantile agents, their rights to sell and transfer title in consignment situations

Financial Services and Markets Act 2000: Regulatory framework for financial services, relevant for high-value items and payment regulations

Data Protection Act 2018 & UK GDPR: Privacy and data protection legislation governing the handling and processing of personal data in business relationships

Fraud Act 2006: Criminal law framework for preventing fraudulent transactions and requiring authenticity declarations

Business Protection from Misleading Marketing Regulations 2008: Regulations governing business-to-business relationships, particularly regarding marketing and description requirements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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