¶¶Òõ¶ÌÊÓÆµ

Standard Consignment Agreement Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Standard Consignment Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Standard Consignment Agreement

"I need a Standard Consignment Agreement for my luxury handbag business where I will be the consignor supplying products to five high-end department stores in Kuala Lumpur, with the agreement starting from March 1, 2025, and including specific terms for product display and handling of returns."

Document background
The Standard Consignment Agreement is essential for businesses operating in Malaysia that wish to establish a consignment sales arrangement. This document is particularly useful when a product owner wants to place goods with a seller while retaining ownership until the final sale. The agreement, governed by Malaysian law, includes comprehensive provisions covering delivery, storage, pricing, commission structures, risk allocation, and reporting requirements. It ensures compliance with relevant Malaysian legislation, including the Contracts Act 1950 and Sale of Goods Act 1957, while protecting both parties' interests. The Standard Consignment Agreement is commonly used in retail, wholesale, and specialty markets, particularly when dealing with high-value items or when suppliers want to maintain control over their inventory while leveraging another party's sales channels.
Suggested Sections

1. Parties: Identification of the consignor and consignee with full legal names and addresses

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope: Terms of appointment of consignee and scope of consignment arrangement

5. Duration: Term of the agreement, including commencement date and renewal provisions

6. Consignment Process: Detailed process for consignment, including delivery, storage, and handling of goods

7. Pricing and Commission: Pricing structure, commission rates, and payment terms

8. Title and Risk: Provisions regarding ownership of goods and risk allocation

9. Obligations of Consignor: Responsibilities and duties of the consignor

10. Obligations of Consignee: Responsibilities and duties of the consignee

11. Reporting and Records: Requirements for maintaining records and reporting sales

12. Returns and Unsold Goods: Procedures for handling returns and unsold merchandise

13. Termination: Grounds and process for termination of the agreement

14. Governing Law: Specification of Malaysian law as governing law and jurisdiction

15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. Insurance: Required when specific insurance coverage needs to be mandated for the consigned goods

2. Intellectual Property: Needed when branded goods are involved or when IP rights need protection

3. Exclusivity: Include when either party requires exclusive rights in specific territories or for specific products

4. Marketing and Display: Include when specific requirements exist for product display and marketing

5. Confidentiality: Required when sensitive business information will be shared

6. Force Majeure: Include when specific events need to be identified as beyond parties' control

7. Dispute Resolution: Include when specific dispute resolution mechanisms (mediation/arbitration) are preferred

8. Bank Guarantee: Include when financial security is required from either party

Suggested Schedules

1. Schedule 1 - Products: Detailed list of consigned products with specifications and pricing

2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates and calculation methods

3. Schedule 3 - Operating Procedures: Detailed procedures for handling, storing, and selling consigned goods

4. Schedule 4 - Reporting Format: Templates and formats for required reports and records

5. Schedule 5 - Territory: Definition of geographical area covered by the agreement

6. Appendix A - Quality Standards: Specific quality standards and maintenance requirements for products

7. Appendix B - Return Policy: Detailed procedures for handling returns and claims

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses






























Relevant Industries

Retail

Fashion and Apparel

Electronics

Luxury Goods

Automotive Parts

Furniture

Art and Collectibles

Jewelry

Books and Publications

Sporting Goods

Home Appliances

Agricultural Products

Relevant Teams

Legal

Sales

Operations

Finance

Supply Chain

Procurement

Compliance

Business Development

Retail Operations

Commercial

Inventory Management

Relevant Roles

Commercial Director

Sales Manager

Operations Manager

Legal Counsel

Business Development Manager

Retail Manager

Supply Chain Manager

Finance Manager

Procurement Manager

Inventory Manager

Compliance Officer

Contract Administrator

Chief Financial Officer

Chief Operating Officer

Store Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Simple Sales Contract For Goods

A basic sales agreement for goods transactions under Malaysian law, suitable for straightforward commercial sales.

find out more

Second Hand Car Sale Contract

A Malaysian law-governed agreement for the sale and purchase of second-hand vehicles, ensuring legal compliance and protecting both parties' interests.

find out more

Second Hand Vehicle Sale Agreement

A Malaysian law-governed agreement for the sale and purchase of second-hand vehicles, ensuring legal compliance and protecting both parties' interests.

find out more

Binding Sales Contract

A legally binding sales agreement under Malaysian law that formalizes the terms and conditions for the sale and purchase of goods between parties.

find out more

Legal Sales Contract

A Malaysian law-governed contract that formalizes the sale and purchase of goods, establishing terms, conditions, and obligations between parties.

find out more

Sale Of Partnership Agreement

A Malaysian law-governed agreement for the sale and transfer of partnership interests, compliant with the Partnership Act 1961.

find out more

Standard Consignment Agreement

A Malaysian law-governed agreement establishing terms for consignment sales arrangements, defining rights and obligations of consignor and consignee.

find out more

Sales Mandate Agreement

A Malaysian law-governed agreement establishing sales representation authority between a principal and sales agent, defining sales rights, territories, and commission terms.

find out more

Sale Of Equity Agreement

A Malaysian law-governed agreement documenting the terms and conditions for the sale and transfer of company shares between parties.

find out more

Agreement And Bill Of Sale

A Malaysian law-governed document that combines a sales agreement with transfer of ownership, suitable for both movable and immovable property transactions.

find out more

Simple Property Sale Agreement

A Malaysian law-governed agreement for the sale and purchase of property, outlining key terms and conditions for property transfer.

find out more

Simple Land Sale Contract

A Malaysian law-compliant agreement for the sale and purchase of land, detailing property transfer terms and conditions.

find out more

Direct Selling Agreement

A Malaysian law-governed agreement between a direct selling company and independent distributor, establishing terms for direct sales operations and compliance requirements.

find out more

Sell Lease Agreement

A Malaysian law-governed agreement combining property sale and leaseback arrangements in a single transaction.

find out more

Sales Person Contract

A Malaysian law-governed employment contract for sales professionals, defining employment terms, commission structures, and sales-related obligations.

find out more

Simple Real Estate Sales Agreement

A Malaysian law-governed agreement for the sale and purchase of real estate property, outlining key terms and conditions for property transfer.

find out more

Exclusive Selling Agreement

A Malaysian law-governed agreement establishing exclusive selling rights between a supplier and distributor within a defined territory.

find out more

Business Sale Offer And Acceptance Agreement

Malaysian law-compliant agreement for the formal sale and purchase of a business, outlining key terms and conditions of the transaction.

find out more

Exclusive Rights To Sell Agreement

A Malaysian law-governed agreement granting exclusive rights to sell specified products/services within a defined territory.

find out more

Mortgage Sale Agreement

A Malaysian law-governed agreement combining property sale and mortgage financing arrangements, compliant with the National Land Code and banking regulations.

find out more

Simple Consignment Agreement

A Malaysian law-governed agreement establishing terms for consignment sales arrangements, including ownership retention, pricing, and commission structures.

find out more

Direct Sales Agreement

Malaysian-law governed agreement between a direct sales company and its direct sellers, compliant with local direct selling regulations and consumer protection laws.

find out more

Contract And Bill Of Sale For Automobile

A comprehensive vehicle sale agreement compliant with Malaysian law, facilitating legal transfer of automobile ownership between parties.

find out more

Sales Service Agreement

A Malaysian law-governed agreement outlining terms and conditions for the provision of services between a service provider and customer.

find out more

Bill Of Sale Contract

A Malaysian law-compliant document that records and validates the transfer of ownership of personal property from seller to buyer.

find out more

Sale Of Equipment Contract

A Malaysian law-governed agreement for the sale and purchase of equipment, specifying terms, conditions, and obligations of both parties.

find out more

Standard Purchase And Sale Agreement

A Malaysian law-governed agreement establishing terms and conditions for the sale and purchase of goods between two parties.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.