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A contract between the U.S. Forest Service and a purchaser for the sale and removal of timber from a designated area within the national forest.

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Begin by downloading or obtaining a copy of the Timber Sale Contract.
2. Fill in the contact information for both the timber seller and buyer.
3. Describe the property where the timber is located, including parcel numbers and acreage.
4. Specify the type and quantity of timber being sold.
5. Outline the sale price and payment terms.
6. Include terms regarding logging operations, including timeframes and methods.
7. Detail any restrictions or requirements for the buyer.
8. Add a section for signatures, ensuring both parties agree to the terms.

Who needs TIMBER SALE CONTRACT?

1. Landowners who wish to sell timber from their property.
2. Logging companies looking to purchase timber.
3. Foresters and conservationists involved in timber management.
4. Investors in forestry-related businesses.

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 and its associated rights, outlining the terms of the sale including the quantity, quality, and payment for the timber.

Who is required to file TIMBER SALE CONTRACT?

The seller of the timber is generally required to file the TIMBER SALE CONTRACT, although both parties may be involved in the process depending on local regulations.

How to fill out TIMBER SALE CONTRACT?

To fill out a TIMBER SALE CONTRACT, both parties must enter relevant information such as the names and addresses of the seller and buyer, a description of the timber being sold, sale price, payment terms, and any specific conditions or restrictions related to the sale.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a TIMBER SALE CONTRACT is to legally document the agreement between the seller and buyer, provide clarity on the terms of the transaction, and protect the rights of both parties involved.

What information must be reported on TIMBER SALE CONTRACT?

Information that must be reported on a TIMBER SALE CONTRACT includes the names and contact information of both parties, a detailed description of the timber, sale price, payment structure, delivery terms, and any special provisions agreed upon by the parties.