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This document is a contract between the U.S. Department of Agriculture Forest Service and the Purchaser for the sale and removal of timber from designated areas in a national forest. It outlines the

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Begin by reading the entire Timber Sale Contract document to understand its terms and requirements.
2. Provide your personal information, including name, address, and contact details in the designated section.
3. Clearly specify the details of the timber being sold, including type, quantity, and quality.
4. Fill in the sale price of the timber, ensuring it reflects the agreed-upon amount.
5. Outline the terms of payment, including deposit amounts and payment schedules.
6. Indicate any special terms or conditions that apply to the sale, such as delivery methods or timelines.
7. Review the liability and indemnity clauses, and adjust them as needed.
8. Sign and date the contract, and ensure all parties involved have signed and received a copy.

Who needs TIMBER SALE CONTRACT?

1. Timber producers looking to sell their timber.
2. Buyers interested in purchasing timber for commercial or personal use.
3. Forestry companies managing timber sales on behalf of landowners.
4. Landowners who wish to formalize a sale of timber from their property.

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 landowner and a buyer for the sale of timber. It outlines the terms and conditions of the timber sale, including pricing, payment terms, and responsibilities of both parties.

Who is required to file TIMBER SALE CONTRACT?

Typically, the landowner or timber seller is required to file the TIMBER SALE CONTRACT. In some jurisdictions, buyers may also need to be involved in the filing process.

How to fill out TIMBER SALE CONTRACT?

To fill out a TIMBER SALE CONTRACT, both parties should provide their contact information, describe the timber being sold, specify the sale price, outline payment terms, and include any special conditions or requirements. It is advisable to seek legal guidance to ensure all necessary details are covered.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a TIMBER SALE CONTRACT is to formalize the agreement between the landowner and the buyer regarding the sale of timber, ensuring that the transaction is legally binding, protecting the rights of both parties, and providing clear terms for the sale.

What information must be reported on TIMBER SALE CONTRACT?

The information that must be reported on a TIMBER SALE CONTRACT includes the names and addresses of both parties, a detailed description of the timber being sold, the total sale price, payment terms, any conditions or stipulations, and the duration of the contract.