To create a simple consignment agreement in Word, you can use a template ¹. A consignment agreement should include the following elements to be enforceable ^{2 3}:

• Identification of the parties involved (consignor and consignee)
• Description of the goods being consigned
• Terms of the consignment, including the length of the agreement and the commission rate
• Obligations of the consignor and consignee, such as delivery and storage of the goods
• Payment terms and procedures for handling returns, unsold items, and other consignment legal issues

To create a consignment agreement template, you can follow these steps ⁴:

1. Type in the Date of Effectivity and Basic Information of Both Parties
2. Include Recitals
3. Write the Conditions of the Agreement
4. Remember to Include the Fees and Payment
5. Incorporate Other Necessary Stipulations
6. Don’t Neglect General Provisions

Make sure to keep copies of the signed contract ⁵.