What happens to Chairish balance when someone dies

“You may not assign, delegate or transfer these Terms or your rights or obligations hereunder, or your Services account, in any way (by operation of law or otherwise) without Chairish's prior written consent. We may transfer, assign, or delegate these Terms and our rights and obligations without consent. Any assignment in violation of this provision is null and void.”¹

Continuing to operate the seller account, or transferring listed inventory under a new owner, requires Chairish's written consent.¹

Chairish may terminate or suspend an account without notice for reasons including extended periods of inactivity.¹

Account termination may result in the destruction of any content associated with the account, and Chairish states it cannot promise that it can recover or restore anything.¹

Chairish retains personal data for as long as the account is open.²

The Privacy Policy's privacy-request route, with a 45-day response, runs on an authorized agent mechanism that requires the consumer's own written permission.²

Chairish holds the buyer's money until pickup or delivery is confirmed, and pays Elite sellers 50% at 72 hours and 50% after delivery plus the return period. It pauses payment during a claim, and an order found wrong or inauthentic after closing is reopened and payment withdrawn if no other solution is reached.³

A sale becomes final after the buyer's 48-hour return period or a completed local pickup or delivery. Payment is typically issued about six days after the order is marked delivered or picked up, then takes 2-5 business days by Stripe Connect or under 48 hours by PayPal, plus possibly 3-5 days depending on the bank.³

A payout is the item sale price minus Chairish's commission and any services or fees the seller chose; buyer-paid sales tax is collected and remitted by Chairish and is not passed to the seller.⁴

Support can provide, for an order number, a detailed payout statement showing the sale amount, fees and net payment.⁴

Payouts go by bank transfer through Stripe Connect or by PayPal. Updated payment details apply to future payouts, and a payout already initiated cannot be redirected.⁵

A PayPal payment can sit unclaimed if the receiving address is not confirmed, and it remains in limbo for up to 30 days before automatically returning to the sender.⁵

Under the Elite terms, payments issued for a returned item are debited to the seller's Chairish account, creating a negative balance that later payouts repay first; Chairish may charge the card on file if the balance stays negative for three months.⁶

Payouts already sent to the Stripe Connect bank account, and the 1099-K for them^{7, 5}

Payouts already sent to the PayPal account, and the 1099-K for them^{7, 5}