Consignment Agreement

  • I, hereby consign my item(s) to Classy Cat Consignment Furniture for a period not to exceed 120 days. I will retain ownership of my item(s), but I cannot remove said item(s) until that period expires. My final removal date will be     TBD    . I must have my expired item(s) removed from the store within 7 days of this date. Classy Cat has no further obligation to notify me for their removal.

    I will receive 50% of the eventual sale price of my item(s). I agree to Classy Cat’s discounting policy of a 10% price reduction beginning after the first 30 days and continuing every 30 days after. I agree that in the event my item(s) have entered their last 30 day period, Classy Cat may lower the price for the final 30 days at their discretion. I agree that my item(s) may be discounted an additional 10% at any point in the consignment process, in the event of a store-wide sale, special promotions, or to effect an immediate sale of the item(s). I agree that if damage or condition is discovered after initial pricing or if lower retail pricing is found, my item’s pricing can be dropped.

    I acknowledge that my item(s) must be clean and in good working order. I agree that if my item(s) require cleaning, I will be charged at a rate of $20 per hour. If my item(s) require refinishing or repair, I will be charged for the cost of such services. These charges will be deducted from my portion of the sale. I also agree that any lamps or chandeliers I consign are in safe, working order and have met the NEC (National Electric Code) standards.

    I acknowledge that I am hiring a third party moving company to provide shipping services from the place of my choice to Classy Cat Consignment. I acknowledge that Classy Cat Consignment has provided option(s) of a third party moving company, but I am free to negotiate and hire any shipping service provider I so choose.

    I will not hold Classy Cat liable or responsible for injury of persons or damage to goods being moved or shipped by a third party moving company. I also agree to the third party moving fee of $85 an hour, with a minimum fee of $85.00. However, due to large pieces of furniture, difficulty moving certain pieces of furniture, or distances greater than ten (10) miles away from the store, the hourly or minimum fee may be more. I agree that the full pick up fee for moving my furniture from my location to Classy Cat Consignment will be paid by Classy Cat when the furniture arrives in the store and the full moving fee will then be deducted from my commission check upon the sale of my furniture.

    I, hereby warrant that I have complete title and ownership to the item(s) consigned and will not hold Classy Cat Consignment Furniture responsible for any claim of title to it. I agree that Classy Cat Consignment assumes no responsibility for loss or damage to my item(s) by fire, theft, accident, flood, transportation or any other cause. I am solely responsible for any liability insurance or protection of my consigned item(s).

    Commission checks will be issued by the 5th business day of the month following that item(s) posted sale date. Checks will be mailed to the address below and must be cashed within 30 days of the issue date. I understand that a $25 charge will be deducted from my account to reissue a lost or expired check. Additionally, I agree and understand that Classy Cat Consignment will deduct a $1.89 administrative fee each time a commission check is issued for the sale of my goods. I have read and understand this Consignment Agreement and agree to all Classy Cat Consignment policies.

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