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Consignment Contract Template

This document is a consignment contract between a consignor and a consignee. The consignor delivers goods to the consignee to sell them at a specified price, and the consignee receives a commission for the sale. The contract specifies the obligations of both parties, such as the care of the goods, the sales period, and the reasons for terminating the contract.

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0% found this document useful (0 votes)
14 views2 pages

Consignment Contract Template

This document is a consignment contract between a consignor and a consignee. The consignor delivers goods to the consignee to sell them at a specified price, and the consignee receives a commission for the sale. The contract specifies the obligations of both parties, such as the care of the goods, the sales period, and the reasons for terminating the contract.

Translated by

ScribdTranslations
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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CONSIGNMENT CONTRACT.

Among the undersigned __________________ of legal age, residing at ______________


identified with his/her DUI No. _______________ issued in ____________________, hereinafter
it will be called THE CONSIGNEE and ___________________ of legal age, residing at
_______________ identified with his DUI No. _______________ issued in __________________, and that
hereinafter referred to as THE CONSIGNOR, agree to enter into this contract of
Consignment of goods, which will be governed by the following clauses.
[Link].- THE CONSIGNOR shall deliver to the CONSIGNEE, as a mere holder,
in order to proceed with its sale, following the guidelines outlined in the clause
secondly, the following merchandise whose status and specific description are detailed in
continuation: __________________________
__________________________________________________________________________________

Second. Sale price.- THE CONSIGNOR delivers the goods described in the clause
previously to be sold by the CONSIGNEE, or their agents, for the sum of _____________
($ being its form of payment in cash. Unless authorized, the sale may
to be realized to credit.

Third. Obligations of the Consignor.- the following are obligations of the CONSIGNOR:

a) Pay the CONSIGNEE a commission for their management, based on the sale value of the
goods above the price stipulated in the second clause of this contract, amount that
the CONSIGNEE may deduct directly in their favor, once the sale is made.

b) Refrain from disposing of the goods during the term of this contract.
consigned y of to demand the value of the sold

c) Ensure that the consigned goods are solely your property and that there are no claims on them.
does not bear any encumbrance, that have not been pledged or leased, nor have they
litigations earrings.

Fourth. Obligations of the consignee.- They constitute obligations a position of


Consignee the following:

a) Sell the consigned merchandise by delivering it to the CONSIGNOR at the expiration of the term.
agreed in clause five, the amount fixed as the selling price in clause two
del present contract.

b) To be responsible for the care and maintenance of the entrusted property. Nevertheless, the
THE CONSIGNEE shall not be liable for deterioration or loss arising from the nature of the
goods o for some case of force mayor.

c) Refrain from returning the delivered goods while the deadline is pending
stipulated in the fifth clause.
Duration.- The term for the sale of the goods subject to this contract is _____
counted from the signing of this document, a term that may be extended to
will of theparts, by means of clauses additional a this contract.

Sixth. Causes for termination of the contract.- The following are causes for termination of the present
I hire the following.
a) The expiration of the term stipulated in clause five, unless an extension is agreed upon.
of the same.

b) The breach of obligations by either of the contracting parties without


prejudice of the compensations that may arise as a consequence of the aforementioned
noncompliance.

Seventh. For legal purposes - The interested parties submit to the courts.
corresponding and constitute residence in the places mentioned above, where
they will consider all notifications and judicial summonses totally valid or
extrajudicial what he they carry out.

By virtue of the above, this contract is signed in _________________ on the ___ day
of the month of ______________ of _____________.

F___________________________________ F ________________________________
Sr. Mr.
Owner or Legal Representative. Commission Agent
Consignor. CONSIGNEE.

Consignment control: All points are important, but control prevents us.
complications of commissions, inventory balances, settlements, claims, close relationship
consignor-consignee. There are suggested formats that can be used,
although the company can also adopt one that it considers appropriate, it all depends on the
utility and convenience that it represents for the company. The following models provide us with a
specific idea for such control, which can be used by the consignor and the consignee.

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