Get the free TIMBER SALE CONTRACT - fs usda

This document outlines the contract terms for the sale and removal of timber from designated national forest areas, including specific provisions for cutting, transportation, and other responsibilities

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Read the TIMBER SALE CONTRACT carefully to understand its terms.
2. Fill in the seller's and buyer's information accurately.
3. Describe the timber products being sold, including type, quantity, and quality.
4. Specify the sale price and payment terms.
5. Include details about the delivery and removal of the timber.
6. Mention any specific obligations of the seller and buyer.
7. Review and sign the contract in the presence of witnesses or a notary, if required.

Who needs TIMBER SALE CONTRACT?

1. Timberland owners who want to sell their timber.
2. Logging companies or buyers interested in purchasing timber.
3. Real estate developers who require timber for construction.
4. Government entities managing forestry resources.

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 of timber and a buyer, outlining the terms and conditions under which timber will be sold and harvested.

Who is required to file TIMBER SALE CONTRACT?

Typically, both the seller and the buyer are required to file a TIMBER SALE CONTRACT to ensure compliance with local regulations and to provide legal protections for both parties.

How to fill out TIMBER SALE CONTRACT?

To fill out a TIMBER SALE CONTRACT, both parties should provide essential information such as their contact details, a description of the timber being sold, the payment terms, and any specific conditions related to the logging and transportation of the timber.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a TIMBER SALE CONTRACT is to formally document the sale of timber, outline the rights and responsibilities of both parties, and facilitate properly managed transactions to avoid disputes.

What information must be reported on TIMBER SALE CONTRACT?

The information reported on a TIMBER SALE CONTRACT typically includes the names and addresses of both parties, a detailed description of the timber, the sale price, payment methods, timelines for logging, and any specific conditions regarding the sale.