Get the free TIMBER SALE CONTRACT - fs usda

This contract outlines the agreement between the U.S. Department of Agriculture's Forest Service and the purchaser for the sale and removal of timber from a designated National Forest area.

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Start by downloading the Timber Sale Contract template from the forestry department's website.
2. Fill in the date at the top of the contract.
3. Enter the names and addresses of both the landowner and the purchaser.
4. Specify the description of the timber being sold, including species and quantity.
5. Include the location of the timber, such as land parcel details or GPS coordinates.
6. Outline the terms of payment, including total sale price and payment schedule.
7. Define the duration of the contract, highlighting start and end dates.
8. State any specific rights, restrictions, or obligations for both parties.
9. Include signatures and dates for both the landowner and purchaser.
10. Make copies for all parties involved and keep one for your records.

Who needs TIMBER SALE CONTRACT?

1. Landowners who wish to sell timber on their property.
2. Companies or individuals looking to purchase timber for logging or lumber production.
3. Foresters or consultants who assist with timber sales.
4. Investors looking for timberland investment opportunities.

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 for the sale of timber. It outlines the terms and conditions under which the timber is sold, including price, quantity, and the obligations of both parties.

Who is required to file TIMBER SALE CONTRACT?

Typically, both the seller of the timber and the buyer are required to file the Timber Sale Contract. This ensures that both parties are legally bound to the terms of the sale.

How to fill out TIMBER SALE CONTRACT?

To fill out a Timber Sale Contract, you need to provide details such as the names and contact information of the buyer and seller, a description of the timber to be sold, the pricing terms, and any specific conditions or regulations affecting the sale.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a Timber Sale Contract is to formalize the sale and exchange of timber, ensuring that all parties have a clear understanding of the terms of the transaction and legal protections.

What information must be reported on TIMBER SALE CONTRACT?

Information that must be reported on a Timber Sale Contract includes the location and type of timber, volume to be sold, price per unit, payment terms, delivery conditions, and any legal requirements relevant to the timber sale.