Get the free TIMBER SALE CONTRACT - fs usda

A legal contract between the U.S. Department of Agriculture Forest Service and a purchaser for the sale and removal of timber from designated national forest land.

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Gather relevant information about the timber being sold, including species, volume, and location.
2. Review the contract terms, including payment rates and timelines.
3. Fill in the seller's and buyer's contact information.
4. Clearly define the boundaries of the timber sale area on the map provided.
5. Specify the duration of the sale agreement.
6. Include any additional clauses that pertain to land use, access rights, or environmental responsibilities.
7. Ensure all parties sign and date the contract.

Who needs TIMBER SALE CONTRACT?

1. Landowners looking to sell timber from their property.
2. Timber buyers, such as logging companies or sawmills, who are acquiring timber for production.
3. Forestry professionals managing timber sales on behalf of landowners.

People Also Ask about

How much is 5 acres of pine trees worth?

"If a landowner plants five acres of pine trees today and manages it the way it should be managed, he or she can expect a return of $25,000-plus -- it could be much more than that -- when it matures at 35 years of age," Traugott said. "Timber buyers routinely purchase tracts of five acres or less."

What is a timber contract?

A written timber sale agreement or contract is generally the preferable and safest method of selling timber. A written contract is a legally binding document that protects both the buyer and the seller (the landowner) from misunderstandings that may develop in the absence of such an agreement.

How much do logging companies pay for timber?

How Much Money is an Acre of Timber Worth? Pine Timber Values/Acre YearPlantation*Natural 2017 $1,542 $1,618 2018 $1,694 $1,738 2019 $1,566 $2,0551 more row

How do you handle timber sales on a tax return?

How to report sale of lumber using Capital Gains - Schedule D: You may receive income by cutting timber and opting to treat that cutting as a sale, or by disposing of standing timber, which is known as stumpage. In this case the income is treated as a Capital Gain and is reported by the taxpayer on their Schedule D.

What trees are worth money for logging?

Walnut trees are always one of the most demanded trees in the wood industry. Oaks, maples, cherry, and ashes are also valuable trees. A high-quality veneer tree with a large diameter can be worth a lot but they are rare. A common rule is the bigger the log, the more it is worth.

How much is 100 acres of timber worth?

A 100-acre natural stand might be valued at $196,000–$216,800, with thinnings at $66,400–$75,700.

How much does timber profit per acre?

Using current timber market prices one acre of slash pine at age 25 is estimated to produce timber benefits of up to $8,314 per acre (Table 1).

How do I sell timber on my property?

You can advertise your timber through local timber markets, mills, or logging companies. You can also reach out to forestry organizations and associations for recommendations on reputable buyers.

For pdfFiller’s FAQs

What is TIMBER SALE CONTRACT?

A TIMBER SALE CONTRACT is a legal agreement between a seller and a buyer that outlines the terms and conditions of the sale of timber from a specific property.

Who is required to file TIMBER SALE CONTRACT?

Both the seller of the timber and the buyer are generally required to file a TIMBER SALE CONTRACT to ensure legal compliance and protect their interests.

How to fill out TIMBER SALE CONTRACT?

To fill out a TIMBER SALE CONTRACT, parties should provide accurate details such as the description of the timber, sale price, payment terms, and any special conditions or requirements.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a TIMBER SALE CONTRACT is to legally document the sale of timber, ensuring that both parties understand their rights and obligations.

What information must be reported on TIMBER SALE CONTRACT?

A TIMBER SALE CONTRACT must report information such as the names of the buyer and seller, description of the timber being sold, location, sale price, payment method, and delivery conditions.