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My consigned items were stolen in consignment store
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<p>[QUOTE="verybrad, post: 495614, member: 37"]While the store may offer consignments, it sounds more like Asian Fever is renting space. Correct me if I am wrong. In either case, liability for theft should be covered in any contract signed at time of rental or consignment. If not, it is extremely negligent on the part of the store owner. They may be on the hook if this is the case but you would probably have to prove negligence in court.</p><p><br /></p><p>In most situations, the risk is retained by the owner of the goods and it is spelled out in a contract. It would be up to the owner to obtain insurance but that may not even be possible or cost prohibitive. There is a certain amount of risk you take any time you offer something for sale to the public. You try to minimize risk but it is impossible to negate it entirely. </p><p><br /></p><p>I sell and work in a very similar store. Our contracts are spelled out, with the owner of the goods holding liability for their property. We try to minimize risk and do have cameras that cover some areas of the store. Valuables are generally kept in locked cases up front near the cash station where is it likely to notice any suspicious actions. However, it would be possible for a diligent and talented thief to steal something from our store. Fortunately, we have not had many problems. </p><p><br /></p><p>I might add that we also do not have any single item in our store worth $5K. Were it my item, I might think twice before offering something like this in an unregulated retail environment. I am sorry this has happened to you and hope that you are able to somehow retrieve your property or compensation.[/QUOTE]</p><p><br /></p>
[QUOTE="verybrad, post: 495614, member: 37"]While the store may offer consignments, it sounds more like Asian Fever is renting space. Correct me if I am wrong. In either case, liability for theft should be covered in any contract signed at time of rental or consignment. If not, it is extremely negligent on the part of the store owner. They may be on the hook if this is the case but you would probably have to prove negligence in court. In most situations, the risk is retained by the owner of the goods and it is spelled out in a contract. It would be up to the owner to obtain insurance but that may not even be possible or cost prohibitive. There is a certain amount of risk you take any time you offer something for sale to the public. You try to minimize risk but it is impossible to negate it entirely. I sell and work in a very similar store. Our contracts are spelled out, with the owner of the goods holding liability for their property. We try to minimize risk and do have cameras that cover some areas of the store. Valuables are generally kept in locked cases up front near the cash station where is it likely to notice any suspicious actions. However, it would be possible for a diligent and talented thief to steal something from our store. Fortunately, we have not had many problems. I might add that we also do not have any single item in our store worth $5K. Were it my item, I might think twice before offering something like this in an unregulated retail environment. I am sorry this has happened to you and hope that you are able to somehow retrieve your property or compensation.[/QUOTE]
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