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A consignment contract is an agreement made between two parties, a consignee and consignor. The agreement is to allow the consignee to store, transfer, or sell the particular commodity belonging to the consignor. The consignee is an agent who works to sell the goods on behalf of the consignor, and typically the agreement will include some type of sale or service fee paid to the consignee while the rest of the profits will go to the original party.
This document should be formatted similar to any legal contract. It should include the information for both parties, including contact information. As much specific information regarding the goods should also be included, such as where the commodities will be stored, what the sale price for them will be, and what the consignee's fee is for each item. This contract serves to protect both parties throughout the transactions, which may be ongoing.
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