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Alaska Department Of Natural Resources Division of Forestry Mates Area Tin Timber Sale Contract SC- 1502 M i 1. DEFINITIONS.........................................................................................................................................................1
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A timber sale contract is a legal agreement between a seller (usually the owner of timberland) and a buyer (such as a logging company) for the sale and purchase of timber.
The seller of the timber is generally required to file the timber sale contract.
The timber sale contract should be filled out by providing relevant details such as the parties involved, description of the timber, quantity, price, delivery terms, payment terms, and any other specific terms and conditions agreed upon by both parties.
The purpose of a timber sale contract is to establish the terms and conditions of the timber sale, protect the rights and interests of both parties, and ensure a legally binding agreement.
The timber sale contract should include information such as the names and addresses of the parties involved, description and location of the timber, quantity, price, payment terms, duration of the contract, and any special terms or conditions.
The deadline to file a timber sale contract in 2023 may vary depending on the specific regulations and requirements of the jurisdiction. Please refer to the relevant authority or consult a legal professional for accurate information.
The penalty for the late filing of a timber sale contract may vary depending on the applicable laws and regulations. It is advisable to consult the relevant authority or seek legal advice to determine the specific penalties or consequences of late filing in a particular jurisdiction.
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