Get the free TIMBER SALE CONTRACT - fs usda

This contract documents the sale and conditions under which the U.S. Department of Agriculture, Forest Service agrees to sell timber to a purchaser, including specific provisions, payment rates, and

How to fill out timber sale contract

How to fill out TIMBER SALE CONTRACT

1. Obtain a copy of the Timber Sale Contract form from the relevant authority or organization.
2. Read the entire contract to understand the terms and conditions.
3. Fill in the seller's information, including name and contact details.
4. Provide the buyer's information, including name and contact details.
5. Describe the timber to be sold, including species, estimated volume, and location.
6. Specify the sale price and payment terms.
7. Include details about access and rights for harvesting timber.
8. Sign and date the contract at the designated areas.
9. Ensure all parties receive a copy of the signed contract.

Who needs TIMBER SALE CONTRACT?

1. Landowners seeking to sell timber from their property.
2. Timber buyers interested in purchasing timber for processing or resale.
3. Businesses involved in forestry or timber management.
4. Contractors who require legal documentation for timber transactions.

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 legally binding agreement between a seller and a buyer for the sale and purchase of timber, detailing the terms and conditions of the sale.

Who is required to file TIMBER SALE CONTRACT?

Typically, the seller, often a landowner or timber company, is required to file the TIMBER SALE CONTRACT, although requirements may vary by jurisdiction.

How to fill out TIMBER SALE CONTRACT?

To fill out a TIMBER SALE CONTRACT, one must provide necessary information such as seller and buyer details, description of the timber, sale price, payment terms, and any specific conditions of the sale.

What is the purpose of TIMBER SALE CONTRACT?

The purpose of a TIMBER SALE CONTRACT is to outline the rights and obligations of both parties in the sale of timber, ensuring a clear understanding to avoid disputes.

What information must be reported on TIMBER SALE CONTRACT?

The TIMBER SALE CONTRACT must report information including the names and addresses of the buyer and seller, a description of the timber being sold, the price, payment terms, and any restrictions or conditions related to the sale.