Home Q&A Forum Can I terminate a consignment agreement if the consignee fails to sell my goods within the agreed upon time frame?

Business Contracts

Consignment Agreement

New York

Asked on Dec 14, 2024

Can I terminate a consignment agreement if the consignee fails to sell my goods within the agreed upon time frame?

I entered into a consignment agreement with a local boutique to sell my handmade jewelry. The agreement specified that the boutique would have six months to sell the jewelry and pay me a percentage of the sales. However, it has been eight months and the boutique has only sold a few pieces, failing to meet their obligations. Can I terminate the consignment agreement and retrieve my unsold jewelry?

Answers from 1 Lawyer

Answer

Business Contracts

New York

Answered 498 days ago

Damien B.

ContractsCounsel verified

Business Lawyer
Licensed in New York
4.9 (13)
Member Since:
October 3, 2023

Hello! If the boutique has failed to meet its obligations under the agreement (e.g., not selling within the specified timeframe), you may have grounds to terminate the contract. If the agreement explicitly allows termination after six months without sufficient sales, your position is stronger. If the agreement does not specify a termination process, you may still argue that the boutique's failure to sell your items within the agreed timeframe constitutes a breach. If you have a follow-up question or would like a consultation or further legal services, you can let me know. There should be a button on your page or app that allows you to request a proposal from me specifically for the legal service you request. Best regards, Attorney Damien B.

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