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A Consignment Agreement lets one business (the consignor) place their goods with another business (the consignee) to sell them without transferring ownership. Under Irish commercial law, the consignee acts as an agent, selling items on behalf of the consignor while taking a commission on each sale.

These agreements are common in Irish retail, especially for art galleries, vintage shops, and high-end fashion boutiques. The contract spells out key details like commission rates, payment terms, and how unsold items are handled. It protects both parties by clearly defining who's responsible for inventory damage or loss while the goods are on display.

Use a Consignment Agreement when you want to sell products through another business without giving up ownership. This arrangement works perfectly for Irish artists placing artwork in galleries, designers showcasing fashion items in boutiques, or manufacturers testing new products in retail stores before committing to full distribution.

The agreement becomes essential when dealing with high-value items or launching into new markets. It offers a low-risk way to reach customers while maintaining control over pricing and brand image. For consignors, it provides market access without overhead costs. For consignees, it allows stock diversification without major inventory investment.

• Consignment Stock Agreement: Standard agreement for general retail goods, including detailed inventory tracking and payment terms
• Clothing Consignment Contract: Specialized for fashion retail with specific care, display, and seasonal rotation provisions
• Consignment Inventory Agreement: Focuses on large-scale inventory management with automated replenishment terms
• Consignment Inventory Contract: Emphasizes vendor-managed inventory arrangements with detailed reporting requirements

• Retailers (Consignees): Shop owners, gallery managers, and boutique operators who display and sell goods without purchasing them outright
• Product Owners (Consignors): Artists, designers, manufacturers, and distributors who want to sell through established retail channels while maintaining ownership
• Legal Advisors: Solicitors who draft and review Consignment Agreements to ensure compliance with Irish commercial law
• Account Managers: Staff who handle day-to-day inventory tracking, sales reporting, and commission calculations
• Insurance Providers: Companies offering coverage for consigned goods while in the consignee's possession

• Identify Parties: Gather full legal names, addresses, and company registration details for both consignor and consignee
• Product Details: List items with descriptions, quantities, retail prices, and condition notes
• Commission Structure: Determine percentage splits, payment schedules, and any minimum sale requirements
• Duration Terms: Set agreement length, renewal options, and notice periods for termination
• Risk Management: Specify insurance requirements, damage policies, and security measures
• Documentation: Prepare inventory tracking systems and sales reporting templates
• Platform Use: Use our automated system to generate a legally-sound agreement that includes all essential elements

• Party Details: Full legal names, addresses, and business registration numbers of consignor and consignee
• Goods Description: Detailed inventory list with pricing, condition, and valuation terms
• Commission Structure: Clear payment terms, rates, and calculation methods
• Risk Allocation: Insurance requirements, liability provisions, and loss prevention measures
• Duration & Termination: Agreement length, renewal options, and exit procedures
• Sales Process: Pricing authority, display requirements, and reporting obligations
• Dispute Resolution: Irish jurisdiction clause and conflict resolution procedures
• GDPR Compliance: Data handling and privacy protection measures

A Consignment Agreement differs significantly from an Agency Agreement, though both involve one party acting on behalf of another. While they may seem similar at first glance, their legal structures and purposes serve distinct business needs in Ireland.

• Ownership Structure: In consignment, the consignor retains full ownership until sale, while agency agreements don't typically involve physical goods ownership
• Risk Allocation: Consignment agreements focus heavily on inventory risk and physical goods protection, whereas agency agreements primarily address representation authority and service delivery
• Payment Model: Consignment deals specifically with sales commission on goods, while agency agreements can involve various compensation structures for broader business activities
• Scope of Authority: Agency agreements grant broader powers to act on behalf of the principal, while consignment agreements strictly limit authority to selling specific inventory