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Consignment is the process of turning over your goods to the care of another person or organisation to be sold. However, you retain legal ownership of the goods until the sale has been made. At We Buy Boats, we can assess and pay cash for your boat right on the spot.
What should be included in a consignment contract?
A consignment agreement is a contract between the consignor and the consignee, and should include these basic provisions: Parties. Provide the names and addresses of the consignor and the consignee. Item(s) for sale. ... Pricing. ... Payment. ... Expenses. ... Record-keeping. ... Ownership. ... Insurance.
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