Luxury 24-7 Consignment Agreement

 

Consignment Rates

 Less than $1,000 30%

 $1,000 to $5,000 20%

 $5,0000 to $10,000 18%

 $10,000 + 15%

 

Our Process

Upon Receiving your items, Luxury 24-7 will be responsible for authenticating the items, market
price evaluation, online listing, professional photography, customer service and insured shipping
through Fedex.

 

Selling Your Items

Luxury 24-7 will use our online store, social media accounts, customer base and other selling
avenues to sell your authentic luxury items. Luxury 24-7 asks for a minimum of 90 days for
consignment. There is a $350 early withdrawal fee if you want your item(s) back before the
90-day period. If it does not sell within 60 days, we will automatically discount Hermes 5%
and all other brands 10%.

 

At the end of the 90-day term, we can then negotiate additional discounts or return items
back to the client.

 

Payments

Payments will be issued on the 15th of each month. Clients will be notified once their item is
sold.

 

Title to property

You will continue to own and have title to each item of Property until that item is "Sold". An

item will be considered Sold when:

A: It is sold by Luxury 24-7 to a customer

B: It is lost, stolen, damaged in Luxury 24-7 possession.

Disclaimer of warranties; limitation of liability

 

You expressly understand and agree that:

Your use of Luxury 24-7 services is at your sole risk. Luxury 24-7 consignment and
other services are provided on an "as is" and "as available" basis. Luxury 24-7
expressly disclaims all warranties of any kind, whether express or implied, including
but not limited to, the implied warranties of merchantability, fitness for a particular
purpose, and noninfringement. Luxury 24-7 makes no warranty that (a) Luxury 24-7
services will meet your requirements or (b) Luxury 24-7 services will be
uninterrupted, timely, secure, or error-free. No advice or information, whether oral or
written, that you obtain from Luxury 24-7 or through or from the site or Luxury 24-7
services shall create any warranty not expressly stated in these terms.

 

Luxury 24-7 and its subsidiaries, affiliates, officers, employees, agents, partners,
and licensors shall not be liable to you for any direct, indirect, incidental, special,
consequential, or exemplary damages or for damages for loss of profits, goodwill,
use, data, or for other intangible losses (even if Luxury 24-7 has been advised of
the possibility of such damages) resulting from: (a) the use or the inability to use
Luxury 24-7 services or the site; (b) unauthorized access to or alteration of your
transmissions or data; (c) the activities contemplated by this agreement; or (d) any
other matter relating to Luxury 24-7 services or this agreement.

 

In no event will Luxury 24-7 liability under this agreement exceed the amount it has
received as a result of selling your property hereunder.

 

The foregoing disclaimers and limitations are a fundamental part of the basis of
Luxury 24-7 business, and Luxury 24-7 would not enter into this agreement without
such disclaimers and limitations.

 

Please seek the advice of appropriate professionals regarding the terms of this
Agreement and the evaluation of any specific opinion, advice, product, service, or
other content.

 

Your representations, warranties, and indemnification

You hereby represent and warrant that (a) you have good and marketable title to
each item of property and have the right to consign and sell the property; (b) none
of the property is subject to any liens or other encumbrances; (c) the property does
not include counterfeit goods; and (d) the property does not infringe upon,
misappropriate, or violate any trademark, copyright, or other intellectual property or
other proprietary right of any third party, any state or federal law, or any
administrative regulation.

 

You hereby indemnify and hold Luxury 24-7 harmless from all damages, suits,
litigation, awards, and costs, including but not limited to, reasonable attorneys’ fees
and costs, incurred by Luxury 24-7 as a result of or arising in any way out of Luxury
24-7 display or sale of the property, including but not limited to, civil or criminal suits
over authenticity or ownership of property, legality of sales, or copyright or
trademark infringement. This agreement, or the breach thereof, and all claims of any
kind relating to or arising out of this agreement and the relationship between you 
and Luxury 24-7, whether tort, contract, or statutory, shall be governed by the laws
of California, without regard to its conflicts of laws principles.

 

By consigning with Luxury 24-7, you hereby affirm agreement with all the points
outlined in this document and that you are the lawful owner of all the merchandise
you are to send to us, and that to your best reasonable knowledge, you believe the
items to be authentic. This agreement can be terminated upon receipt of written
notice signed by you, subject to the cancellation clause described above.