Get the free TIMBER SALE CONTRACT - fs usda

This document records the contract between the U.S. Department of Agriculture Forest Service and a purchaser for the sale of timber from a designated national forest area, detailing specific conditions,

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Obtain a copy of the TIMBER SALE CONTRACT template.
2. Review the contract thoroughly to understand the terms and conditions.
3. Fill in the date at the top of the contract.
4. Enter the seller's name and address in the appropriate section.
5. Provide the buyer's name and address.
6. Describe the timber being sold, including species, quantity, and location.
7. Specify the sale price and payment terms.
8. State the duration of the contract and any specific conditions for harvest.
9. Include any necessary legal descriptions or maps of the sale area.
10. Review the contract for any additional clauses that may need to be included.
11. Sign and date the contract to make it legally binding.
12. Provide a copy to all parties involved.

Who needs TIMBER SALE CONTRACT?

1. Owners of timberland looking to sell timber.
2. Timber buyers or companies seeking to purchase timber for logging.
3. Forestry professionals involved in timber sales.
4. Legal advisors ensuring compliance with timber sale regulations.

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 that outlines the terms under which the buyer can harvest and purchase timber from the landowner's property.

Who is required to file TIMBER SALE CONTRACT?

The landowner or vendor of the timber is required to file the Timber Sale Contract to ensure proper documentation and compliance with applicable regulations.

How to fill out TIMBER SALE CONTRACT?

To fill out a Timber Sale Contract, one must include details such as the names of the parties involved, a description of the property, the quantity and type of timber to be sold, payment terms, and any special provisions or requirements.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a Timber Sale Contract is to legally formalize the agreement between the parties regarding the sale of timber, ensuring that the rights and responsibilities of each party are clear and enforceable.

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 the buyer and seller, a detailed description of the timber and the land, the terms of payment, and any conditions or restrictions related to the harvesting process.