CONSIGNMENT CONTRACT AGREEMENT
The Corner Door, Inc. provides the following services to our consignment customers. We offer a four month contract when we accept your merchandise and will provide the spacious showroom in the Wayzata Home Center, sales staff, advertising, pricing expertise, and money to you when your merchandise sells within the four month contract. For example, when an item sells in January you will receive a check by February 15th. The Corner Door has a two-tiered commission. If an item sells for over $300.00 we will take 1/3(one-third) as commission. If an item sells for $300.00 or less we will take a commission of 1/2 (one-half) of the selling price. The owner has the right to remove their item(s) at any time. The Corner Door, Inc. will keep each item no longer than 4 months and it will be marked down 10% of each month. In the final month of consignment, the item will be priced to sell and may be reduced more than 10%. At the end of the 4 month contract, it is your responsibility to pick up any unsold items on or before the contract time expires. At the end of the 4 month contract period if the item(s) is (are) not picked up by the owner, it will automatically become the property of The Corner Door, Inc. I hear release The Corner Door, Inc. from all liability of breakage, fire, theft, or any other loss whatsoever of items I have left there on consignment for sale in the shop. I agree to these contractual terms covering my property consigned to The Corner Door, Inc. this _________ day of ______________________, month / year day
Consigned Items: Customer Signature
Name (please print)
Mailing Address
City, State, Zip
Telephone Number