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Consignment Form
"I need a Consignment Form for my Auckland art gallery where I'll be receiving artwork from multiple international artists, with a 40% commission structure and specific requirements for artwork handling and insurance coverage, starting from March 2025."
1. Parties: Identifies and provides full details of the consignor (owner of goods) and consignee (party receiving goods for sale)
2. Background: Brief context explaining the purpose of the consignment arrangement
3. Definitions: Defines key terms used in the form including 'Consignment Goods', 'Commission', 'Sale Price', etc.
4. Goods Description: Detailed description of the goods being consigned, including quantity, condition, and any identifying features
5. Pricing and Commission: Specifies the agreed sale price range and commission rate for the consignee
6. Duration: States the period for which the goods will be consigned
7. Care of Goods: Outlines the consignee's responsibilities for maintaining and securing the goods
8. Sale Proceeds: Details how and when sale proceeds will be handled and distributed
9. Reporting Requirements: Specifies what records and reports the consignee must maintain and provide
10. Risk and Insurance: Addresses responsibility for insurance and risk of loss while goods are in consignee's possession
1. GST Provisions: Required when either party is GST registered, detailing GST handling and obligations
2. International Shipping: Needed when goods are being consigned across international borders
3. Marketing Requirements: Specifies how goods should be marketed and displayed when consignee has specific requirements
4. Return of Unsold Goods: Details procedures for returning unsold goods if this is permitted under the arrangement
5. Exclusivity: Required when the consignee is granted exclusive rights to sell the goods
6. Subconsignment Rights: Included when the consignee is permitted to subconsign goods to other parties
1. Schedule 1 - Inventory List: Detailed inventory of all consigned goods including descriptions, quantities, and condition
2. Schedule 2 - Pricing Schedule: Detailed breakdown of agreed pricing ranges and commission rates for different categories of goods
3. Schedule 3 - Condition Report: Detailed assessment of the condition of goods at time of consignment
4. Appendix A - Handling Instructions: Specific instructions for storage, handling, and display of the goods
5. Appendix B - Reporting Templates: Standard templates for required sales reports and inventory updates
Authors
Retail
Art and Antiques
Agriculture and Produce
Fashion and Apparel
Automotive
Electronics
Luxury Goods
Handicrafts
Books and Publications
Furniture and Home Goods
Legal
Operations
Finance
Sales
Procurement
Compliance
Inventory Management
Retail Operations
Contract Administration
Risk Management
Retail Manager
Inventory Control Specialist
Sales Director
Commercial Lawyer
Business Development Manager
Operations Manager
Gallery Curator
Procurement Officer
Finance Manager
Compliance Officer
Store Owner
Logistics Coordinator
Contract Administrator
Merchandising Manager
Artist/Creator
Small Business Owner
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