I.O. Domani Luxury Consignment Agreement
This agreement is between the consignor, a single individual, and I.O. Domani Boutique, a company and Consignee. The consignor of this agreement has authorized I.O. Domani (the consignee) to sell all of the items submitted in this agreement, in-take process and any subsequent addendums. The consignor is the sole owner of the items submitted and within the legal right to consign & transact these items. All consignments are for sale while in the possession of the consignee. Consignors receive 50% commissions less any taxes, discounts, or repairs. Consignors can receive 60% commissions less any taxes, discounts, repairs for HIGH LUXURY handbags, fine jewelry & shoes but only with proof of Certificate of Authenticity, original tags, packaging, tools, and excellent condition.
1. The term of this agreement is for 90 days. Consignors shall claim unsold consignment or you may extend your agreement by notifying us by email. Consignor must submit at least 3 items to start the consignment process. We accept only luxury designers or similar designer brands. We reserve the right to decline any items that do not fit that profile. For returned unsold / unaccepted items, consignors have up to 7 business days from the date of notification to retrieve their returned/unaccepted items. Items left after 7 business days are subject to being released for donation by the company. Company is not responsible or liable for items left after 7 business days.
2. Consignments are subject to the following price reductions. IO Domani will price your items at approximately 50% - 70% off the original retail value researched in consideration with condition, style, and season. IO Domani reserves the right to discount items between 10% -50% to complete a sale or push the consignments to sell.
3. The condition of all consignment items ARE REQUIRED to be professionally cleaned with cleaning tag attached (NO EXCEPTION) and in sale-able condition. Items must be smoke free, stain free, damage free, & free of pet hair and odorless. We may decline to accept items after closer inspection if not up to standard. IO Domani reserves the right to decide if items need additional cleaning or repairs. All cleaning and repairs will be at the consignors expense and deducted from your commission earnings.
4. Consignor may submit original IO Domani full price retail items purchased at IO Domani that is a minimum of 2 years old. This is subject to consideration of style, brand, designer, color, and condition. We do not accept any resale buybacks.
5. Commissions are distributed on the 15th of each month for previous month’s sales & paid in local national MNX currency. Commission is delivered via PayPal or MXN Check. No cash or wire transfer will be permitted NO EXCEPTIONS. Commissions must be received within 20 days of notification or it will automatically turn into STORE CREDIT for purchases within IO Domani - NO EXCEPTIONS regardless of commission method. We will not release payments to 3rd parties without written consent and we are not liable for loss payments. You are required to set up your own paypal account.
6. Consigned items deemed not authentic will be returned to you and the consignee will not be permitted to participate in the consignment program. Luxury handbags, shoes or jewelry brands/designers will be required to have COA and Original Packaging or Original Tags or POP included.
7. Consignor may view inventory, reports, and payments online by visiting
. Enter your Username and Password. Contact us if you need assistance.
This Agreement (including the documents referred to herein) constitutes the entire agreement among the parties & supersedes any prior understandings, agreements or representations by or among the parties, written or oral, to the extent they relate in any way to the subject matter of this agreement. I have read and understand and fully agree to the terms and conditions of this agreement. By completing and submitting this form you agree to all the information listed within this form.
Please select a payment method when items have sold.
If accepting Paypal payment method, please enter the your Paypal email address.
Would you like to Donate your Unsold items at the end of the Agreement date?
Yes- Donate my items to charity
No - Please return items to Consignor. *Please claim items within 7 business days.
YOUR NAME AS APPEARS ON PASSPORT
Preferred contact method (select one)
Number of items that you are consigning and the brand or Description.
Electronic Signature Consent
By checking the "I Accept" button, you are signing this Agreement electronically. You agree your electronic signature is the legal equivalent of your manual signature on this Agreement. By checking "I Accept" you consent to be legally bound by this Agreement's terms and conditions stated above. You further agree that your use of a key pad, mouse or other device to select an item, button, icon or similar act/action, or to otherwise provide I.O. Domani or in accessing or making any transaction regarding any agreement, acknowledgement, consent terms, disclosures or conditions constitutes your signature (hereafter referred to as "E-Signature"), acceptance and agreement as if actually signed by you in writing. You also represent that you are authorized to enter into this Agreement for all persons who own or are authorized to access any of your accounts and that such persons will be bound by the terms of this Agreement.
A copy of your responses will be emailed to the address you provided.
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