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This document is a Timber Sale Agreement between the State of Alaska and the purchaser for the sale of timber in the Kenai-Kodiak Area, outlining terms and conditions related to the sale and harvesting

How to fill out timber sale agreement

How to fill out TIMBER SALE AGREEMENT

1. Read the entire TIMBER SALE AGREEMENT to understand its terms.
2. Provide the names and contact information of both the seller and buyer.
3. Describe the property location and boundaries where the timber is located.
4. Specify the type of timber being sold, including species and quantity.
5. Include the sale price and payment terms.
6. Outline the responsibilities of both parties including harvesting and land restoration.
7. Sign and date the agreement.

Who needs TIMBER SALE AGREEMENT?

1. Landowners wishing to sell timber from their property.
2. Timber buyers looking to purchase timber legally.
3. Forestry professionals involved in timber sales and management.

People Also Ask about

Can you sell timber off your land?

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. It's important to get multiple bids to compare prices and choose the best offer.

What is the minimum acreage to sell timber?

Timberland. A minimum of 10-20 acres is typically needed to contract a logging company to harvest your timber. Modern, efficient logging operations require high capital investments in equipment and harvesting low volumes on small acreages is usually not financially feasible.

How many acres do you need to sell timber?

Timberland. A minimum of 10-20 acres is typically needed to contract a logging company to harvest your timber. Modern, efficient logging operations require high capital investments in equipment and harvesting low volumes on small acreages is usually not financially feasible.

What is the minimum acreage for logging?

Because there are significant upfront costs to set up a logging operation on your property, loggers typically need to harvest at least 20-40 acres of good timber to make a job worthwhile. You may be able to coordinate with your neighbors to assemble enough acreage to get a logger out to your land.

How do I avoid capital gains tax on timber sale?

For people in the 10 and 15 percent ordinary tax brackets, there is no tax on long-term capital gains. Qualifying for long-term capital gains rates depends on your holding period which is determined by how and when the timber was acquired. If timber is purchased, the timber must be owned for more than one year.

How much is 1 acre of timber worth?

Natural Pine Stands YearPlantation (per acre)Natural (per acre) 2017 $1,542 $1,618 2018 $1,694 $1,738 2019 $1,566 $2,055 Apr 20, 2025

What is a timber agreement?

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 do I sell my own timber?

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. It's important to get multiple bids to compare prices and choose the best offer.

For pdfFiller’s FAQs

What is TIMBER SALE AGREEMENT?

A Timber Sale Agreement is a legal contract between a landowner and a purchaser that outlines the terms and conditions for the sale of timber from a specified property.

Who is required to file TIMBER SALE AGREEMENT?

The landowner selling timber and the purchaser of the timber are both required to file the Timber Sale Agreement.

How to fill out TIMBER SALE AGREEMENT?

To fill out a Timber Sale Agreement, both parties should provide accurate details about the property, the type and quantity of timber being sold, terms of sale, payment conditions, and signatures from both parties.

What is the purpose of TIMBER SALE AGREEMENT?

The purpose of a Timber Sale Agreement is to legally document the sale, protect the rights of both the landowner and the purchaser, and ensure that the sale adheres to local laws and regulations.

What information must be reported on TIMBER SALE AGREEMENT?

The Timber Sale Agreement must report information such as details about the land and timber being sold, identification of the parties involved, payment terms, duration of the agreement, and any specific conditions related to the sale.