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Consignment Agreement
—— Please print and fax to 1-866-672-3449 ——

Consignment Property Owner:

Name: ___________________________________________________

Address: _________________________________________________

_________________________________________________________

Phone: __________________________________________________

Email: ___________________________________________________

 

This day of ___________,2014

 

Consignment Property Owner ___________________ wishes to have www.BuddhaMuseum.com represent him/her in marketing listed items enumerated herein;

1) _______________________________________________________ BASE PRICE USD$ _____________

2) _______________________________________________________ BASE PRICE USD$ _____________

3) _______________________________________________________ BASE PRICE USD$ _____________

4) _______________________________________________________ BASE PRICE USD$ _____________

5) _______________________________________________________ BASE PRICE USD$ _____________

6) _______________________________________________________ BASE PRICE USD$ _____________

7) _______________________________________________________ BASE PRICE USD$ _____________

8) _______________________________________________________ BASE PRICE USD$ _____________

9) _______________________________________________________ BASE PRICE USD$ _____________

(If needed, use additional sheet for listing. Be sure to sign and date your document.)

  
TERMS

This Agreement shall take effect on the___day of ______2008 (Minimum 12 Months), and remain in full force and effect for a term of two years, unless terminated as agreed by the Consignor and www.BuddhaMuseum.com. Whereas, www.BuddhaMuseum.com is the agent for marketing the above listed items owned by the Consignor, and Whereas, the www.BuddhaMuseum.com wishes to represent the Consignor; the contract shall be binding on and inure to the benefit of the successors, administrators, executors, or heirs of the Agent and Consignor. Therefore, in consideration of the foregoing premises and the mutual covenants hereinafter set forth and other valuable consideration, the parties hereto agree as follows:

Consignment Sales and Commissions
The Consignor appoints the www.BuddhaMuseum.com to act as his or her representative for: sale of collectible merchandise in the United States and international markets, including but not limited to the Internet. The www.BuddhaMuseum.com agrees to use its best efforts in submitting the Consignor's merchandise for the purpose of making sales. For the purposes of this Agreement, the term merchandise shall be defined to include two dimensional and three dimensional art objects, and any other collectibles which the Consignor is the legal owner of said property. Www.BuddhaMuseum.com shall negotiate the terms of any sale price that is offered; and the Consignor shall have the right to reject any sale if he/she finds the price or terms unacceptable. Whereas all consignment listing for sale in its web site and other related market place, www.BuddhaMuseum.com pays all productions and continuous promotional cost for consignment merchandise; herein, Consignor agrees not to make private sales of merchandises listed in this consignment contract. In case of contracted merchandise sold by Consignor, Consignor is liable to pay www.BuddhaMuseum.com sale commission; which is 20% of the minimum sale price as listed in this consignment contract. This limitation extends only for the period of time that the www.BuddhaMuseum.com represents the Consignor.

Merchandise and Risk of Loss, Theft or Damage
All merchandise submitted to the www.BuddhaMuseum.com for estimate value or for the purpose of sale shall remain the property of the Consignor. Www.BuddhaMuseum.com shall issue a receipt to the Consignor for all merchandise which the Consignor submits to our holding for over a period of 30 days or more. If merchandise is lost, stolen, or damaged while in the Museum's possession due to our failure to exercise reasonable care, www.BuddhaMuseum.com will be held liable for the value of the merchandise. When selling merchandise, shipping parcels, or allowing a client to hold merchandise for consideration, www.BuddhaMuseum.com agrees to use an invoice, which provides that the client is responsible for loss, theft, or damage to merchandise while being held by the client. Www.BuddhaMuseum.com agrees to enforce these provisions, including taking legal action as necessary. All recovery resulting from legal action shall be first used to reimburse the amount of attorney's fees and other expenses incurred, and the balance of the recovery shall be divided between www.BuddhaMuseum.com and Consignor in the respective percentages set forth in below.

Sales and Payment
Www.BuddhaMuseum.com must obtain the Consignor's signed contract prior to entering into any sales by consignment. No merchandise shall be offered to clients below minimum sale value without first consulting the Consignor. When leaving a merchandise with the Museum for possible sale, the Consignor shall agree with the Museum as to the base price to be charged. The rate of commission for all merchandise sold shall be 20%. If the Merchandise should bring more than the Consignor's base price, additional 10% commission applied to final sale price above Consignor's base price. In the event that a sale has been made by www.BuddhaMuseum.com, consignor will be informed with payment status and client shipping address. Www.BuddhaMuseum.com shall be responsible for all billings. A copy of the completed invoice also will be send to Consignor. Merchandise must be shipping to client within three business days. Consignor shall be fully responsible for package, shipping and insuring merchandise. It is essential for consignor to obtain proof of delivery with signature. All sale proceeds under $1000 USD are pay in check or PayPal. Sale proceeds above $1000 USD will be deposited into www.escrow.com for payment to consignor.Total payment shall be reduced by the amount of commission incurred in performing the sale by www.BuddhaMuseum.com. In accordance with our 14 days money back guarantee policy. Payment in check, PayPal or escrow can only be made to Consignor 15 days after buyer received merchandise. Regardless of the reasons, it is mutually agreed by both parties that no sale proceed shall be paid for consigned merchandise rejected by the buyer within 14 days, or for which the buyer does not receive merchandise as advertised on www.BuddhaMuseum.com.

Termination
This Agreement may be terminated by either party by giving thirty (30) days written notice. All merchandise belong to the Consignor not sold by the www.BuddhaMuseum.com will be returned to the Consignor within fifteen (15) days. In the event of an early termination, Consignor shall pay www.BuddhaMuseum.com expenses incurred in graphics and promotions for consigned merchandise.

This Agreement shall be governed by the laws of the State of California.

  

In witness whereof, the parties have signed this Agreement as of the date set forth above.

 

Signed: ________________________________________________
Consignor Signature

Signed: ________________________________________________
BuddhaMuseum.com Representative Signature

  
  



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BuddhaMuseum.Com is specializing in temple and family worshipped Buddhist arts.
We guarantee all artifacts to be genuine as described. It is our policy never to deliberately list fakes as genuine. All contemporary Buddhist art listed will always stated as such.
14 days Unconditional Money-back guaranteed
All artifacts and collectibles are sent with a Certificate of Authenticity Invoice. Items that are significantly deviating from the information provided by us regarding culture and dating, may be returned for a prompt refund. Refund of the net sale price, excluding freight and insurance. Buyer to pay the return shipping cost.

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