Consignment Agreement Template – Australia

Disclaimer

The information provided here is solely for illustrative purposes related to agreements involving goods or property being entrusted for sale or transfer under specific conditions. It does not constitute legal advice and should not replace consultation with a qualified legal professional experienced in property or commercial law within the relevant jurisdiction. Laws and regulations may vary, and modifications might be necessary to ensure full compliance. Responsibility for using this example rests entirely with the user, and no liability is assumed for errors, omissions, or consequences resulting from its use without proper legal review.

Please note: This is a sample template for a Consignment Agreement in Australia, provided for illustrative purposes only. Actual terms may vary depending on specific arrangements and legal requirements.

Consignment Agreement Australia Sample

Parties Involved:

Consignor: ABC Art Gallery Pty Ltd
Address: 123 Art Street, Sydney NSW 2000

Consignee: XYZ Collectors Pty Ltd
Address: 456 Collector Avenue, Melbourne VIC 3000

Description of Consigned Goods:

The goods involved are artworks, specifically paintings and sculptures as detailed in Schedule A, located at the consignor’s premises or as specified in subsequent arrangements.

Commission and Fees:

The consignee shall receive a commission of 20% of the sale price of each item sold, payable upon settlement of each transaction, subject to the terms herein.

Parties’ Responsibilities:

The consignor agrees to deliver the goods in good condition, with proper documentation. The consignee shall actively market and sell the goods and keep the consignor informed of sales status.

Governing Law:

This agreement shall be governed by the laws of the State of New South Wales, Australia. Disputes shall be resolved under the exclusive jurisdiction of the courts of Sydney.

Additional Provisions:

• Insurance: The consignor shall insure the goods during the consignment period.
• Termination: Either party may terminate this agreement with 30 days’ written notice, subject to pending sales.
• Sale Price: The sale price shall be mutually agreed upon in writing prior to sale.

Sydney, ______________________