Terms
The fine print, kept short.
Plain-language terms for buyers and sellers. Full lawyer-reviewed templates ship before Phase 2 opens public seller signup.
Last updated: 2026-05-13. This is a working draft, not a substitute for legal review.
What BizConsign is
BizConsign is a marketplace facilitating the sale of digital businesses. We are not a broker, lawyer, accountant, or investment advisor. Sellers list their own businesses; buyers acquire them. Our role is curation, escrow setup, and transfer assistance.
Buyer terms
- You must have legal authority to enter financial transactions in your jurisdiction.
- Offers submitted are non-binding until both parties accept and escrow funds.
- Once escrow is funded, both sides commit. Cancellations after this point go through Escrow.com’s dispute process.
- You’re responsible for your own due diligence beyond what we’ve verified (the verified-revenue and verified-traffic badges show what we’ve checked).
Seller terms
- You represent that you own the business you’re consigning, that your statements are accurate, and that the assets are transferable.
- You commit to a 30-day post-sale support window — answering buyer questions about the asset. Enforced via partial escrow holdback.
- Material misrepresentation (revenue inflated, code copyright not owned, customer data not transferable, etc.) voids the sale and may forfeit escrow funds.
- You can pull a listing anytime before escrow is funded.
Fees
7% flat success fee on the agreed sale price, deducted via Stripe invoice when escrow releases funds. Escrow.com charges a separate ~0.89% pass-through fee. See pricing.
Disputes
Escrow.com mediates fund-related disputes. Non-fund disputes (claims of misrepresentation, tech problems, etc.) we attempt to mediate as marketplace operator; if unresolved, parties retain all rights to civil action.
Limitations
BizConsign is provided “as is.” We’re not liable for the post-sale performance of any business sold through the marketplace, the behavior of buyers or sellers, or third-party service-provider outages.
Contact
Questions: hello@bizconsign.com