Get the free TIMBER SALE CONTRACT - fs usda

This document is a contract between the U.S. Department of Agriculture Forest Service and a purchaser regarding the sale and removal of timber from designated forest areas. It outlines the sale conditions,

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Start by reading through the entire Timber Sale Contract to understand the terms and conditions.
2. Fill in the names and addresses of both the Seller and the Buyer.
3. Clearly describe the timber being sold, including species, quantity, and location.
4. Specify the sale price and payment terms, including any down payments or installment plans.
5. Include the date of the sale and the duration of the contract.
6. Outline the responsibilities of both the Seller and Buyer regarding the harvesting of the timber.
7. Specify any additional clauses regarding insurance, liabilities, or environmental regulations.
8. Both parties should review the contract for accuracy before signing.
9. Finally, both parties should sign and date the contract, with copies distributed to each.

Who needs TIMBER SALE CONTRACT?

1. Landowners who wish to sell timber from their property.
2. Timber buyers looking to purchase timber for logging or milling.
3. Forestry consultants who facilitate timber sales for landowners.
4. Legal entities and financial institutions involved in timber sales.

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 legally binding agreement between a seller and buyer of timber that outlines the terms and conditions under which the timber will be sold and harvested.

Who is required to file TIMBER SALE CONTRACT?

Typically, the seller of the timber is required to file a TIMBER SALE CONTRACT to ensure compliance with local and state regulations regarding timber sales.

How to fill out TIMBER SALE CONTRACT?

To fill out a TIMBER SALE CONTRACT, both parties should include details such as the legal description of the property, the amount of timber being sold, the sale price, payment terms, and any special provisions or conditions for the sale.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a TIMBER SALE CONTRACT is to protect the interests of both the buyer and seller, ensuring clarity in the terms of sale, and providing legal recourse in case of disputes.

What information must be reported on TIMBER SALE CONTRACT?

Information that must be reported on a TIMBER SALE CONTRACT includes the identities of the buyer and seller, details of the timber being sold, sale terms, payment structure, and any applicable regulations or restrictions.