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Standard Consignment Agreement |
Consignor agrees to place the items listed below on consignment with Griffin & Howe, Inc. to try to sell them under the terms of this agreement. Griffin & Howe, Inc. agrees to accept the items listed for consignment sale under the terms of this agreement.
Griffin & Howe, Inc. will inspect all of the items listed in this agreement, and determine condition and functionality. Griffin & Howe will write up the description and specifications necessary in order to offer the items for sale.
Griffin & Howe, Inc. will offer the items for sale at its New York and/or New Jersey retail locations, or at suitable trade shows, game fairs, etc. Griffin & Howe, Inc. will also advertise the items as it deems appropriate.
While the items are in the possession of Griffin & Howe, Inc., Griffin & Howe, Inc. will be responsible for their care, and will insure the items for the net amount due to the Consignor as stated in this agreement.
When the items consigned are sold and final payment is made by the buyer, the Consignor will receive the net amount within 30 days.
The Consignor represents that they are the rightful owner of the items listed, and that they are free of any encumbrance.
The Consignor agrees that, as Griffin & Howe, Inc. is required to complete all inspections, specifications, prepare the items for sale, and probably to advertise them, that the items consigned will be left on consignment with Griffin & Howe, Inc. for a minimum of 120 days. This agreement will continue indefinitely beyond the original 120 day period unless either party notifies the other of their intent to terminate it.
Because a sale may be pending, or an advertisement just placed; the Consignor agrees to give 15 days notice, after the original 120 day period, if the Consignor wishes to have items covered by this agreement returned.
If the Consignor decides to have consigned items returned to them, Federal Law requires that the Consignor provide the necessary permits, and fill in the appropriate forms as if they were purchasing the firearms.
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For all inquiries, please call (908) 766-5171, or email prather@griffinhowe.com
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