Terms and Conditions Sellers
Article 1. General provisions
“Consignment”: the delivery of goods by the Seller to LABELLOV, whereby LABELLOV is only required to pay the Seller once LABELLOV has actually sold these goods.
These terms and conditions constitute the complete general terms and agreement between both Parties regarding consignment and replace all previous terms or arrangements, whether written or oral, on the same subject that may still be in force between the parties. Any amendment to these terms, as well as extensions or omissions, can only be made in writing and with the mutual consent of the Parties.
If the validity or enforceability of one or more of the above provisions of the consignment conditions is compromised, this shall not affect the validity or enforceability of the remaining provisions. In such a case, the Parties shall establish a new provision or provisions that, as far as legally possible, correspond with the intent of the original conditions.
Article 2. Object
The Seller undertakes to deliver authentic goods to LABELLOV without LABELLOV being immediately obliged to pay the Seller. During the period of availability, the authentic goods remain the property of the Seller. The Seller only sells the authentic goods to LABELLOV once LABELLOV sells them to a third party. The goods are only accepted on consignment. LABELLOV is not obliged to purchase the goods.
LABELLOV undertakes to make efforts to find a buyer for the authentic goods and to purchase the authentic goods from the Seller as soon as possible if a third-party buyer is found. In the event that an item is withdrawn, it will be put up for sale again as soon as possible on our webshop www.labellov.com
The goods are considered to be at LABELLOV’s disposal from the time of delivery at LABELLOV’s warehouse until the moment of sale or, in case of withdrawal, until they leave LABELLOV’s warehouse.
Article 3. Duration and termination
The products are made available for a period of 6 months from the day on which the Seller signs the consignment form. At the end of this period, each party may decide to terminate the availability of the authentic goods by reclaiming or returning them. Interim withdrawal of items by the Seller is only possible upon payment of an administrative fee of €50 per item to LABELLOV. Images and descriptions always remain the property of LABELLOV.
Article 4. Own use, liability and insurance
LABELLOV may not use the goods for its own purposes during the consignment period. The goods may only be used for demonstrations to potential buyers.
LABELLOV must store the goods as a prudent householder. LABELLOV is not liable for damage and/or theft caused to the products and/or to third parties during the consignment period. The goods are therefore at the Seller’s own risk while with LABELLOV and/or its appointed third parties.
Article 5. Price
| Sales price | Your share |
|---|---|
| Up to €300 | 50% |
| €300 – €2000 | 60% |
| Above €2000 | 70% |
The Seller guarantees that, when consigning authentic goods, they are neither stolen nor counterfeit. LABELLOV is therefore entitled to refuse and, if necessary, destroy any non-authentic copy or counterfeit. The Seller also guarantees the proper functioning of the authentic goods for a period of 6 months.The Seller guarantees the authenticity of the goods and bears full responsibility in case of counterfeiting or copies. If Labellov or its experts determine that an item is counterfeit, Labellov has the right to refuse it. In such a case, the Seller will be informed. Counterfeit items will be returned at the Seller’s expense or destroyed.The Seller is responsible for correctly providing personal and banking information. Any changes must be communicated to LABELLOV.
The Seller undertakes not to offer the product for sale on any other platform or through any other channel for a period of three months. If the goods remain with the Seller, the Seller undertakes to keep them in their original condition, not to use them, and to sell them exclusively via LABELLOV for three months.LABELLOV is entirely free in the way it offers the Seller’s goods for sale to the public through the website www.labellov.com as well as to offer them offline or on other websites during the consignment period.
LABELLOV and the Seller are independent parties who operate their businesses entirely in their own name, at their own expense and risk. These consignment conditions do not create a partnership, agency, or any other relationship of subordination.
These conditions are governed by Belgian law. In the event of any dispute concerning the execution of these conditions, the parties are expected to make every effort to find an amicable solution. If no amicable solution is reached, the dispute may be submitted to an arbitration and mediation center (such as CEPANI) or to a competent court. The competent court is that of the judicial district where LABELLOV has its registered office.