Saconde & Saconde, LLC — Buyout Terms & Conditions — Effective Date: July 13, 2026
Saconde & Saconde, LLC
Effective Date: July 13, 2026
Company Name: Saconde & Saconde, LLC
Principal Place of Business: New York, New York, United States
Website: www.saconde.com
Mobile Applications: Saconde mobile applications, including applications made available for iOS, Android, or other supported platforms
Retail/Showroom Location: 521 W 26th St, Floor 5, New York, NY 10001
Contact: hello@saconde.com
THESE BUYOUT TERMS AND CONDITIONS (“BUYOUT TERMS”) CREATE A LEGALLY BINDING AGREEMENT BETWEEN YOU (“SELLER,” “YOU,” OR “YOUR”) AND SACONDE & SACONDE, LLC (“SACONDE,” “WE,” “US,” OR “OUR”).
PLEASE READ THESE BUYOUT TERMS CAREFULLY BEFORE ACCEPTING A BUYOUT OFFER OR DELIVERING OR SHIPPING AN ITEM TO SACONDE FOR A PROPOSED OUTRIGHT PURCHASE.
THESE BUYOUT TERMS CONTAIN IMPORTANT PROVISIONS CONCERNING:
BY CHECKING A BOX, TAPPING “ACCEPT BUYOUT,” “I AGREE,” OR A SIMILAR BUTTON, SIGNING ELECTRONICALLY, ACCEPTING A FINAL BUYOUT OFFER, OR OTHERWISE AFFIRMATIVELY AGREEING TO A BUYOUT TRANSACTION, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTAND, AND AGREE TO THESE BUYOUT TERMS.
These Buyout Terms govern every proposed or completed outright purchase of an item by Saconde through:
These Buyout Terms supplement Saconde’s then-current General Seller Terms or Seller Terms and Conditions, Privacy Policy, Payment and Payout Terms, Identity Verification and Fraud Prevention Notice, Biometric Notice and Consent, Biometric Retention and Destruction Policy, SMS Terms, Push Notification Terms, and other applicable policies.
If there is a direct conflict among applicable documents, the following order of priority applies:
A Final Buyout Confirmation controls only as to the item-specific terms expressly stated in it.
“Buyout” means a completed transaction in which Saconde purchases an item outright from Seller.
“Buyout Offer” means a written offer by Saconde to purchase an identified item for an identified amount, subject to stated conditions.
“Final Buyout Confirmation” means Saconde’s written confirmation that all conditions have been satisfied and Saconde has approved the purchase.
“Final Purchase Price” means the amount Saconde agrees to pay Seller for the item, subject to any lawful withholding, offset, correction, or adjustment expressly permitted by the governing agreement.
“Item” means any handbag, accessory, watch, jewelry item, luggage, clothing, footwear, collectible, luxury good, or other property submitted for possible purchase.
“Preliminary Estimate” means any nonbinding quote, range, automated valuation, verbal indication, informal message, conditional proposal, or initial assessment provided before Final Buyout Confirmation.
“Seller” includes an individual and any business, estate, trust, fiduciary, entity, agent, representative, or other person offering property for sale.
“Submitted Content” means photographs, videos, descriptions, communications, reviews, records, usernames, likenesses, documents, product information, and other materials submitted to Saconde.
Saconde may:
Submission of an item does not require Saconde to purchase it.
Seller must be at least eighteen years old and legally capable of entering into a binding agreement.
Seller represents and warrants that Seller:
Saconde may require:
Saconde may reject an item, revoke an offer, delay payment, or terminate a transaction if requested information is inaccurate, incomplete, inconsistent, or not provided.
Seller may accept these Buyout Terms or a Buyout Offer through:
Electronic signatures, electronic records, timestamps, account records, transaction logs, acceptance screens, device information, IP records, emails, SMS messages, app activity, and similar evidence may be used to establish assent and transaction terms.
Electronic acceptance has the same effect as a handwritten signature to the maximum extent permitted by law.
Seller is responsible for maintaining a device, email address, telephone number, and software capable of receiving and retaining electronic records.
Any Preliminary Estimate is provided for informational purposes only and is not a binding promise to purchase.
A Preliminary Estimate may be based on:
Every Preliminary Estimate is subject to:
Saconde may revise, reduce, withdraw, or replace a Preliminary Estimate at any time before the Buyout becomes final.
A Buyout Offer may be communicated through:
Unless the Buyout Offer expressly states otherwise:
A Buyout Offer should identify the item and proposed purchase price. Additional transaction information may be contained in related records.
A Buyout Offer expires at the time or on the date stated in the offer.
If no expiration is stated, Saconde may withdraw the offer at any time before Final Buyout Confirmation.
Seller’s purported acceptance after expiration or withdrawal does not bind Saconde unless Saconde reissues or confirms the offer in writing.
Market changes, item availability, fraud concerns, authentication information, pricing errors, or other circumstances may cause an offer to expire or be withdrawn.
Every item is subject to physical inspection and authentication by Saconde and/or third parties selected by Saconde.
Review may include:
Saconde may use:
Authentication opinions may differ among qualified reviewers. Saconde does not guarantee that every brand, platform, authenticator, buyer, insurer, or court will reach the same conclusion.
Saconde may revise or revoke an offer if inspection identifies:
Saconde may then:
Seller is not required to accept a revised Buyout Offer. If Seller rejects it before finalization, the item may be returned subject to applicable shipping, authentication, counterfeit, handling, or other charges.
A Buyout does not become final unless and until Saconde determines that all applicable conditions have been satisfied, including:
Until those conditions are satisfied, Saconde may:
Saconde may correct an obvious:
before finalization.
If an error is discovered after payment, the parties will cooperate to correct it. Seller must return any overpayment that Seller knew or reasonably should have known resulted from an obvious error.
Saconde may offset a confirmed overpayment against other amounts payable to Seller where permitted by law.
Seller represents and warrants that every item:
Seller must disclose all known:
These representations survive payment, title transfer, resale, termination, and expiration.
If Saconde determines or reasonably suspects that an item is counterfeit, inauthentic, altered, stolen, fraudulently obtained, unlawfully branded, prohibited, restricted, unsafe, or materially misrepresented, Saconde may:
Where Saconde elects to return a suspected or confirmed counterfeit, inauthentic, altered, or prohibited item and return is legally permitted, Seller is responsible for:
Payment of a fee does not require Saconde to return an item.
Seller must reimburse Saconde for losses arising from counterfeit, stolen, unlawful, or materially misrepresented goods, including:
Upon finalization of a Buyout:
The Final Buyout Confirmation, payment record, bill of sale, or other transaction record may evidence title transfer.
Once finalized, a Buyout is final and cannot be canceled, rescinded, reversed, or revoked by Seller except where a non-waivable law provides otherwise.
Seller may not challenge a completed Buyout merely because:
Seller acknowledges that Saconde assumes market, resale, inventory, return, pricing, and customer risk after the completed Buyout.
Nothing in this Section waives a claim based on fraud, forgery, or another right that cannot legally be waived.
After title transfers:
The Final Purchase Price is Seller’s complete compensation for the item unless the parties expressly agree otherwise in writing.
Saconde may select the payout method, which may include:
Not every method is available for every transaction.
Saconde may consider:
Seller does not have an absolute right to select the payout method.
Payment may be initiated only after Saconde determines that the Buyout is final.
Processing time may depend on:
An estimated payout date is not a guarantee unless Saconde expressly states in writing that it is binding.
A payment is considered issued when Saconde submits it to the relevant bank, carrier, processor, or payment provider.
Seller is responsible for providing accurate:
Saconde may require re-verification before:
Saconde may reject or delay a payout change that appears suspicious, incomplete, inconsistent, unauthorized, or high risk.
Saconde is not responsible for payment sent according to inaccurate information supplied by Seller, except where liability cannot legally be excluded.
Financial institutions and payment providers may independently:
a transaction.
Instant payment services may be difficult or impossible to reverse after completion.
Seller is responsible for:
Saconde is not responsible for a provider’s independent conduct except to the extent required by law.
Saconde may delay, withhold, reserve, cancel, reduce, or offset payment while investigating or resolving:
A hold may remain in effect for a commercially reasonable period or the period required by the relevant investigation, legal process, provider, regulator, or dispute.
Cash may be offered only for qualified in-store Buyouts and only at Saconde’s discretion.
Saconde may:
Seller is responsible for counting and verifying cash before leaving the location. Any discrepancy must be reported before Seller leaves, except where otherwise required by law.
If payment is made by check:
Seller may be responsible for bank fees caused by Seller’s improper deposit, duplicate deposit, or inaccurate instructions.
Where Seller accepts store credit:
Seller is responsible for determining and satisfying Seller’s tax obligations.
Saconde may request:
Saconde may delay payment until required information is received.
Saconde or a payment provider may issue Form 1099 or another tax report where required and may apply legally required withholding.
Nothing Saconde provides constitutes tax advice.
Saconde accepts responsibility for risk of loss or material damage only when:
Seller bears all risk before Approved Transit.
Saconde is not responsible for losses caused by:
Before shipping, Seller must:
For high-value or disputed shipments, Saconde may require a continuous, unedited video showing:
Saconde may request original files, timestamps, metadata, receipts, identification, and carrier records.
Failure to provide reasonably requested evidence may prevent Saconde or a carrier from validating a claim.
A claim involving loss, theft, shortage, tampering, misdelivery, or material damage must be reported in writing within fifteen days after delivery confirmation or within fifteen days after Seller reasonably should have discovered the issue, whichever occurs first, unless a longer period is required by law.
Claims must include available:
If Saconde accepts responsibility, Saconde may elect to:
Compensation excludes sentimental value, speculative appreciation, indirect damages, and lost opportunities to the extent permitted by law.
If Saconde rejects an item before finalization, Saconde may return it using:
Seller may be responsible for:
Counterfeit, stolen, prohibited, or legally restricted items are governed by Section 14 and may not be returnable.
Risk of loss for a returned item transfers to Seller when the item is delivered, collected by Seller or Seller’s representative, or as otherwise provided by the applicable shipping terms.
An item may be treated as unclaimed if:
Saconde will provide notice and a reasonable opportunity to respond before treating property as abandoned, subject to applicable law.
If Seller fails to respond or arrange return within the period stated in the notice, Saconde may, to the extent permitted by law:
Nothing authorizes disposal contrary to applicable unclaimed-property, lien, consumer-protection, or other non-waivable law.
Seller grants Saconde a worldwide, royalty-free, transferable, sublicensable license to use Submitted Content for:
The license includes the right to:
Seller represents that Seller has the rights and permissions necessary to provide Submitted Content.
Saconde owns photographs, videos, descriptions, edits, listings, graphics, and other materials created by or for Saconde, excluding Seller’s underlying rights in Seller-provided content.
Saconde may retain transaction, item, valuation, authentication, fraud-prevention, and resale records after the transaction ends.
Saconde may collect and process information for:
Device-based Face ID, Touch ID, fingerprint, or similar login is controlled by the device operating system. Saconde ordinarily receives only a success or failure response and not the device biometric template.
Separate identity-verification services may involve ID review, selfies, facial comparison, liveness detection, or related processes where permitted by law and subject to required notices and consents.
Additional information appears in Saconde’s Privacy Policy, Identity Verification and Fraud Prevention Notice, Biometric Notice and Consent, and Biometric Retention and Destruction Policy.
Seller consents to transactional and service-related communications concerning:
Communications may be sent by email, telephone, SMS, app notification, push notification, messaging platform, or another channel provided by Seller.
Marketing messages are subject to separate consent where required. Marketing consent is not a condition of a Buyout.
Saconde may screen Seller, items, addresses, transactions, payout instructions, and related parties for:
Saconde may delay, reject, cancel, suspend, investigate, freeze, report, or place a legal hold on a transaction or account when reasonably necessary.
Saconde may cooperate with law enforcement, courts, regulators, payment providers, marketplaces, brands, rights holders, insurers, and authenticators.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, SACONDE’S VALUATION, INSPECTION, AUTHENTICATION, PAYMENT, SHIPPING, AND RELATED SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE.”
SACONDE DISCLAIMS IMPLIED WARRANTIES, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, ACCURACY, AND RESULTS, TO THE EXTENT SUCH WARRANTIES MAY LEGALLY BE DISCLAIMED.
SACONDE DOES NOT WARRANT THAT:
These disclaimers do not limit rights that cannot lawfully be waived.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, SACONDE AND ITS AFFILIATES, OWNERS, OFFICERS, EMPLOYEES, CONTRACTORS, AND AGENTS WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, LOST OPPORTUNITIES, SENTIMENTAL VALUE, OR SPECULATIVE APPRECIATION.
EXCEPT FOR LIABILITY THAT CANNOT LEGALLY BE LIMITED, SACONDE’S AGGREGATE LIABILITY ARISING FROM AN ITEM WILL NOT EXCEED:
The limitation does not apply to the extent a court or arbitrator determines that liability arose from Saconde’s fraud, willful misconduct, gross negligence, or another basis that cannot lawfully be limited.
To the maximum extent permitted by law, Seller will defend, indemnify, and hold harmless Saconde and its owners, officers, managers, employees, affiliates, contractors, agents, successors, and assigns from claims, liabilities, losses, damages, judgments, penalties, costs, and reasonable attorneys’ fees arising from:
Saconde may control the defense of a covered claim. Seller may not settle a claim imposing liability or obligations on Saconde without Saconde’s written consent.
This section does not require indemnification for Saconde’s own liability to the extent prohibited by law.
Saconde may suspend or terminate Seller’s account or participation for:
Termination does not affect:
Saconde may update these Buyout Terms prospectively.
The version accepted for a particular Buyout generally governs that transaction unless:
Material changes to payment, title transfer, arbitration, liability, or counterfeit provisions will not be applied retroactively to a finalized Buyout without legally sufficient notice and assent where required.
These Buyout Terms are governed by the laws of the State of New York, without regard to conflict-of-law rules, except that the Federal Arbitration Act governs the interpretation and enforcement of the arbitration provision to the extent applicable.
Mandatory protections of another jurisdiction apply to the extent they cannot legally be waived.
Before commencing arbitration, the complaining party must send a written Notice of Dispute containing:
Notices to Saconde must be sent to hello@saconde.com and to:
Saconde, LLC
521 W 26th St, Floor 5
New York, NY 10001
United States
The parties will attempt in good faith to resolve the dispute for at least thirty days after receipt of a complete Notice of Dispute.
A party may seek temporary emergency relief where necessary to prevent immediate and irreparable harm.
Except for claims expressly excluded below, every dispute, claim, or controversy arising out of or relating to:
shall be resolved by binding arbitration on an individual basis.
The arbitration will be administered by the American Arbitration Association under its applicable Consumer Arbitration Rules or Commercial Arbitration Rules, depending on the nature of the transaction and parties, unless the parties agree to another administrator.
The arbitration may occur by documents, telephone, video conference, or in person as permitted by the applicable rules.
Unless required otherwise by law or the applicable arbitration rules, the arbitration location will be New York County, New York.
The arbitrator may award any individual relief available in court but may not award relief for persons who are not parties to the arbitration.
Either party may:
Any court proceeding must be brought in a court of competent jurisdiction, subject to mandatory law.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, SELLER AND SACONDE AGREE THAT CLAIMS MAY BE BROUGHT ONLY IN AN INDIVIDUAL CAPACITY.
THE PARTIES WAIVE THE RIGHT TO:
The arbitrator may not consolidate claims or preside over a representative proceeding without the written consent of all affected parties.
Questions concerning the existence, validity, scope, or enforceability of the arbitration agreement are for the arbitrator, except that a court will decide any issue that governing law requires a court to decide.
If the class or representative waiver is finally held unenforceable as to a particular claim or remedy, that claim or remedy will proceed in court only to the extent required, and remaining arbitrable claims will remain in arbitration unless applicable law requires otherwise.
FOR ANY DISPUTE THAT PROCEEDS IN COURT, SELLER AND SACONDE KNOWINGLY AND VOLUNTARILY WAIVE THE RIGHT TO A TRIAL BY JURY TO THE MAXIMUM EXTENT PERMITTED BY LAW.
If any provision is held invalid or unenforceable, it will be enforced to the maximum lawful extent and the remaining provisions will remain effective.
Seller may not assign these Buyout Terms or transaction rights without Saconde’s written consent.
Saconde may assign these Terms or related rights in connection with a merger, financing, reorganization, sale of assets, affiliate transaction, or transfer of the applicable business, subject to applicable law.
A failure or delay in enforcing a provision is not a waiver.
A waiver must be contained in a written record authorized by the party granting it.
These Buyout Terms, the Final Buyout Confirmation, Saconde’s General Seller Terms or Seller Terms and Conditions, and incorporated policies constitute the agreement governing the Buyout.
Seller acknowledges that Seller has not relied on a promise, valuation, resale projection, or guarantee not included in the governing written records.
Saconde, LLC
521 W 26th St, Floor 5
New York, NY 10001
United States
Website: www.saconde.com
Email: hello@saconde.com