BECOME A LENDER
Terms & Conditions
This marketplace agreement constitutes a legal agreement entered into between you as Participant and Designer Room, and shall apply to all items (meaning any dresses), placed by you in the Designer Room marketplace.
I. MARKETPLACE — Designer Room Marketplace is a service offered by Designer Room that allows you to provide Designer Room with items, which will be rented to customers. At all times the Supplier remains the legal owner of the item.
II. REVENUE SHARING — All revenues generated with respect to items that you provide to the Designer Room Marketplace will be split as follows:
30% (thirty percent) to you
70% (seventy percent) to Designer Room.
Note that “revenues” means net revenues after deduction of expenses. Expenses in this context means dry cleaning, delivery, taxation, alterations and any other incidental expenses incurred by Designer Room in connection with any rental or sale of your items. “Revenues” shall also include the net amount recovered from the renter or from any third party in compensation for any damage or loss to an item.
III. TERM — This agreement is concluded for an indefinite term, and may be terminated by either party by providing at least 3 (three) months’ prior written notice to the other party.
IV. RENTAL POLICY — All items rented through the marketplace will be rented to customers under Designer Room’s Rental Policy, available here: https://designerroom.ie/terms-conditions/ All matters relating to the rental of an item, including any damage or loss, will be handled in accordance with this Policy.
V. SECURITY – In the case of any loss, theft or damage while the item is in the market place (Designer Room showroom), the legal owner of the item (the Supplier) accepts the risk and Designer Room does not accept any responsibility or liability for the item.
VII. GENUINE ITEMS – Supplier agrees that items brought in are all genuine items and not bought illegally or off a counterfeit site or seller.
VII. MARKETPLACE TERMS AND CONDITIONS — By entering into this agreement, you confirm that you have read and understood these Terms & Conditions, and agree to be bound by them.