A consignment store contract is a legal agreement between a shop owner and a seller that outlines the terms and conditions for the sale of items in a store. The most important terms are typically the length of time for which the item remains in the shop, the price at which it will be sold, the percentage of the sale that goes to the seller, the fee charged by the shop owner, any additional services provided by the shop owner (such as advertisement or promotion), and the rights and responsibilities that each party has to abide by. Consignment contracts must be clearly written to ensure that both parties understand their obligations and can benefit from the arrangement.