Antiques and Consignment Furniture
4175 Lyndon Way Louisville, KY 40207
PH 502-719-4444 FAX 502- 896-6401
This agreement is made by and between Charlotte’s Web (company)
and_________________________________________ (Client). Client agrees to leave each consigned item for a minimum of one-hundred twenty (120) days. Company agrees to accept saleable consignment items for a minimum of one-hundred twenty (120) days to sell at Charlotte’s Web. A one time set-up fee of $5.00 will be deducted from new consignor accounts. The items listed will be accepted under the following terms and conditions:
____ SALES COMMISSIONS: Will be available the 10th of the month following the sale of the item. 50% of the selling price shall be paid to consignor and 50% shall be retained by the company. The company sets all prices for consigned items.
____ MARKDOWNS: Client agrees to a price reduction of 10% after thirty (30) days; items may also be marked down 10% each month thereafter.
____ RETURNS: In the event that any item subject to this agreement remains unsold for a period of one-hundred twenty (120) days, it may be returned to client. If, however, client does not pick up any unsold item within an additional ten (10) days items may be priced at 50-75% off until sold. Clients are asked to keep track of the date of each item entered. It is the client's responsibility to contact Company regarding any item that they want to pick up by the end of this (130 day) period. Out of town clients and estates are processed under different terms.
____ TITLE: Client hereby represents and warrants that he/she has full authority to sign this agreement, to deliver and sell the items listed below, and that he/she has clear and unencumbered title to said items.
____ RESPONSIBILITIES: Company agrees to use its best efforts to sell said items within ninety days of receipt. Company shall not be responsible for any loss of, breakage, damage to, said items, including fire, flood, or theft.
____ PAYMENT: Company shall pay client proceeds owed under this agreement on the 10th of the month FOLLOWING the sale of each item. The balance must be $35.00 or more for a check to be issued. Client shall be responsible for picking up his/her check within 6 months of the date of the check. Any amount of funds in account may be used towards store purchases.
____ CONSIGNOR UNDERSTANDS AND AGREES TO THESE CONDITIONS AND FURTHER AGREES THAT
CONSIGNOR WILL FORFEIT CHECKS NOT PICKED UP WITHIN 6 MONTHS OF THE ISSUE DATE.