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Thursday, 08 April 2010 04:51

Contract for Sale of Goods on Consignment

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THIS CONTRACT made on [Date] by and between [Name] of [Address] hereinafter referred to as "Seller", and [Name] of [Address] hereinafter referred to as "Buyer".

For valuable consideration, the parties agree as follows:

1. The Seller agrees to provide the following goods to the Buyer on consignment:

2. The Buyer agrees to display the goods at its place of business and use its best efforts to re-sell the goods at the following price:

3. The goods will remain the property of the Seller until they are re-sold by the Buyer. The Buyer agrees to pay the following price to the Seller for any goods sold while held on consignment under this Contract:

4. The Seller agrees that the goods will be delivered to the Buyer's place of business by ______, 20 __. The shipping costs are estimated at $___________, and will be paid by the ____________________.

5. The Buyer agrees to return any unsold goods, in good condition, to the Seller on the Seller's written demand.

6. The Seller represents that it has legal title to the goods and full authority to sell the goods. Seller also represents that the property is sold free and clear of all liens, mortgages, indebtedness, or liabilities.

7. Any additional terms:

(state additional terms)

8. No modification of this Contract will be effective unless it is in writing and is signed by both parties. Time is of the essence of this contract. This Contract binds and benefits both the Buyer and Seller and any successors. This document, including any attachments, is the entire agreement between the Buyer and Seller.

This Contract is governed by the laws of the State of _______________.

The parties have signed this Contract on the date specified at the beginning of this Contract.


(Signature of Seller)

By:___________________________, Seller

(Name of Seller)


(Signature of Buyer)

By: __________________________, Buyer

(Name of Buyer)

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