Consignment Agreement
San Diego Saddlery, Inc., (SDS) and the undersigned Seller agree that:
- This agreement supersedes any previous agreement for current consignment at SDS.
- Seller consigns to SDS for resale the items as listed, described, and priced in SDS’ consignment book. By signing below, Seller certifies that they have the legal right to consign all items.
- Seller may pick up unsold items during normal business hours upon a 14-day notice. Any fees incurred must be paid when item is picked up.
- SDS can request the seller to pick up unsold or unsellable items. Unclaimed items may be donated to charity if not picked up within 7 days of SDS’ request. Three attempts will be made to contact the seller by phone or email. It is up to the seller to keep SDS informed of current contact information.
- _____ SDS will donate or dispose of any items deemed unsellable
- _____ Seller agrees that they will not list or advertise items while they are consigned to SDS
- _____ A fee will be charged to clean tack or launder items.
- _____ Consignment is processed by the 15th day of the month following the month of sale. Store credit for items sold will be available immediately.
- SDS charges 25% commission of selling price for saddles & 40% on all other items if funds are used as store credit. If consignment credit is distributed by check, a 10% processing fee will be deducted from the check total. Consignment credit can only be used as store credit or distributed by check.
- SDS will determine the price of the item(s).
- Seller agrees that SDS may lower the price of any item up to 20% (excluding saddles) after 30 days. Any offers lowering the price in the first 30 days will be approved by seller. After 60 days on consignment, SDS is authorized to lower prices as appropriate. After 180 days, remaining items will be donated to charity.