Get the free TIMBER SALE CONTRACT - fs usda

This document serves as a contract between the U.S. Department of Agriculture Forest Service and a purchaser for the sale and removal of specified timber from a national forest.

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Begin by obtaining the TIMBER SALE CONTRACT form from the relevant authority or website.
2. Fill in the date of the contract at the designated spot.
3. Provide the names and contact information of both the seller and the buyer.
4. Clearly describe the timber products being sold, including type, quantity, and quality.
5. Specify the sale price and payment terms, including any deposit requirements.
6. Detail the area where the timber is located, including maps or descriptions if necessary.
7. Include terms and conditions regarding the logging process, including start and completion dates.
8. Outline the responsibilities of both parties regarding timber removal, site maintenance, and liability.
9. Include any legal or regulatory requirements that need to be met.
10. Both parties should sign and date the contract to finalize it.

Who needs TIMBER SALE CONTRACT?

1. Loggers or timber buyers looking to purchase timber from landowners.
2. Landowners wanting to sell timber from their property.
3. Forestry companies involved in timber sales.
4. Government agencies managing public lands with timber resources.

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 and conditions for the sale of timber and other forest products.

Who is required to file TIMBER SALE CONTRACT?

Typically, both the seller (landowner) and the buyer of the timber are required to file a Timber Sale Contract to ensure the transaction is legally recognized.

How to fill out TIMBER SALE CONTRACT?

To fill out a Timber Sale Contract, both parties must provide their names, addresses, legal descriptions of the property, details about the timber to be sold, payment terms, and any additional stipulations.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a Timber Sale Contract is to clearly define the rights and obligations of each party in the sale of timber, protecting both the seller and the buyer throughout the process.

What information must be reported on TIMBER SALE CONTRACT?

The information required on a Timber Sale Contract typically includes the parties' names and addresses, property location, quantity and type of timber being sold, pricing details, and terms of payment.