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Consignment Agreement

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I hereby consign my item(s) to Classy Cat Consignment for a period not to exceed 120 days. I will retain ownership of my item(s) during this period, but I cannot remove said item(s) until the period expires. My final removal date will be 120 days from the date of this contract. I must remove my expired item(s) from the store within 5 days of this date. Classy Cat Consignment has no further obligation to notify me about the removal of my item(s). I acknowledge and agree that if my consigned items are not picked up within 5 days after the expiration date, the item(s) will become the sole property of Classy Cat Consignment.

I am fully aware and acknowledge that I will receive 50% of the sale price of my item(s) if they are sold within the first 90 days. After 90 days, I acknowledge and agree that I will receive 25% of the sale price of my item(s). I agree to Classy Cat’s discounting policy of a 10% price reduction after the first 30 days, with an additional 10% reduction every 30 days thereafter. I agree that if my item(s) enter their final 30-day period, Classy Cat may lower the price at its discretion. I also agree that my item(s) may be discounted by an additional 10% at any point during the consignment process, including during store-wide sales, special promotions, or to facilitate an immediate sale. I understand and agree that if damage is discovered after initial pricing or if lower retail pricing is found, the price of my item(s) can be reduced at Classy Cat’s discretion.

I acknowledge that my item(s) must be clean and in good working order. If my item(s) require deep cleaning, touch-up work, or removal of animal hair or dander, I agree to a deduction of $20 from my account per piece of furniture requiring this additional work. I also agree that if my item(s) require repair, I will have $20 deducted from my account for each item needing repair. I agree that any lamps or chandeliers I consign are in safe working order and meet the National Electric Code (NEC) standards.

If I hire a third-party moving company to provide shipping services from my location to Classy Cat Consignment, I agree not to hold Classy Cat liable for any personal injuries or damage to the goods being moved by the third-party company. I acknowledge that I am hiring a third-party company and that while Classy Cat may suggest various options for movers, I am free to choose any shipping service provider. 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 upon the furniture’s arrival in the store. The full moving cost will be deducted from my commission check upon the sale of my furniture.

I hereby warrant that I have complete title and ownership of the item(s) consigned and will not hold Classy Cat Consignment responsible for any claims of ownership by other parties. I agree that Classy Cat Consignment assumes no responsibility for loss or damage to my item(s) due to fire, theft, accidents, floods, transportation, or any other cause. I understand that I am solely responsible for any insurance or protection for my consigned item(s).

I acknowledge and understand that payment will be issued in the form of a check, mailed to the address I have provided, by the 10th business day of the month following the sale date of my item(s). I agree that Classy Cat Consignment will deduct a $1.89 administrative fee each time funds are issued for the sale of my goods. Additionally, I agree that if a check needs to be reissued due to an incorrect address or other error on my part, a $24 issuance fee will be deducted from the reissued check.

I have read and understand this consignment agreement and agree to the above policies of Classy Cat Consignment.
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