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Kopy Kitty Boutique
Merchandise Consignment Terms and Conditions
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Effective August 1st 2007
Consignment Contract:
This Contract binds the Merchandise Consignment Terms and Conditions listed herein, which is your agreement of these terms listed in this contract. Kopy Kitty will be referred to as “KK”. You the Consignor will be referred to as “Consignor” or as “You”.
Condition of Acceptance:
Items for consignment are accepted in new, like new, or “gently” used condition. All items must be in their best possible condition. No broken items will be accepted. We understand that handbags, wallets, belts, etc. may have “wear stains”, as long as they are small and not too visible. A good rule of thumb…If you would not considering purchasing the item for yourself then maybe no one else probably will either, so it may not be worth consigning.
Lawful Owner:
By Agreeing to the Merchandise Consignment terms and Conditions Disclosure, signing the Contract and placing items for sale at Kopy Kitty Boutique, you guaranty KK that all items given to KK for resale are lawfully and entirely owned by you and you are acting on behalf of a person or persons who have given you permission to sell such items on their behalf. You guaranty to indemnify KK for any damages, penalties, fees, fines, or judgments for any issue arising due to the rights of the lawful owner of the merchandise being placed on consignment.
Authenticity of Merchandise:
Only Original, authentic designer items will be accepted by KK for consignment. By submitting items for consignment, you the “consignor” state that the items are authentic and not counterfeit or “knock-offs”. Any items sent to us that are not authentic will be sent back to you at your expense.
Consignment Period:
The consignment period is 120 days from the date of acceptance. Consignor must consign items for a minimum of 60 days from date of acceptance before choosing to have items returned to them. KK reserves the right to return items at any time during or prior to the expiration of the consignment period and the consignor is responsible for shipping. KK may charge a fee of $25.00 per item if the item is requested before the minimum 60-day period.
Pricing of items:
KK reserves the right to price all items for consignment. Pricing is based on condition, demand, age and label.
The amount you want will definitely be considered. The “marked” price will be the price of the item for the consignment period. KK reserves the right to make adjustments in price as needed without consent from the consignor. Markdowns cannot be taken during the first 30 days of the accepted contract and no more than 25% at any given time during the consignment term without verbal consent from the consignor. Our goal is to get the best possible price for our consignor with a speedy turn around on your merchandise.
Online Fees:
No charge to the consignor for consigning with KK
Payment/Split Percentage:
Fifty percent of the selling price (full, markdown or discounted) will be paid to the consignor. Exception: If an item is marked $1000.00 or more and sells for $1000.00 or more then the split is Sixty percent paid to the consignor. Payments are mailed on the 15th day of each month.
Consignment pick-up and Returns:
You may pick up your items anytime after the 60 day minimum consignment period with notice given to us and a date and time is agreed upon. No pick-ups are permitted before the 60-day minimum consignment period without a $25.00 fee per item.
KK does not provide storage for items that are not accepted for sale or for items being returned to consignors. At any time that KK decides to return items to consignors, we will notify you via phone or e-mail that is provided by you on your signed contract. KK will attempt to leave you a message or speak to you directly; however, if we cannot get a hold of you within 7-10 business days, we will send your item or items back to you C.O.D. for delivery charges.
It is the consignors sole responsibility to cover all shipping charges of items KK ships back to you, whether it is related to authenticity, your item or items did not sell during the consignment period, you requested your item or items back or KK decides to return the items. NO EXCEPTIONS!
Liability of Merchandise:
KK will take exceptional care of the items you consign with us; however, merchandise is left at your own risk. KK does not provide any type of insurance or guarantee to consignors for items placed on consignment. Exceptions are made for items with a selling price of $1000.00 or more. Contact us for more info at info@kopykitty.com
Sales Returns:
KK accepts returns on items sold online from customers who are not completely satisfied with their purchase or if you do not accept or believe the item is not an authentic designer item. Please follow the return policy listed under policies within this website.
Update of Terms and Conditions:
The Consignment Contract including all Terms and Conditions has no expiration date as long as you have consigned with KK during the last 365 days; if not, a new contract must be signed.
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