This is a Forest Products Timber Sale Contract for Indiana. It is a sample forest products sale contract of marked timber, which is sold per 1000 board feet. It may be used by either a corporate or individual buyer or seller. Also included is an Indiana acknowledgement with an endangered species clause.
Timber Agreement Contract Indiana For Deed
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How to fill out Indiana Forest Products Timber Sale Contract?
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FAQ
A logging or timbering lawsuit is a legal claim that is filed after a person suffers a logging-related injury. These are typically brought as a worker's compensation claim or a third-party claim against the party responsible for the accident. A wrongful death claim may be asserted in the case of a fatality.
You can sell through an oral auction where several buyers attend and verbally bid on the trees, or you can request sealed bids that allow you to compare several different offers on sale day. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids.
A typical timber sale contract usually contains the following: a description of the timber to be sold (estimated volume, number of trees and species), which timber will and will not be cut, the selling price (either lump sum or unit price), terms of payment, the location and boundaries of the sale, and time allowed to
Logging contractor means a person who contracts for the cutting of timber, the hauling of logs or the skidding of logs, purchases timber to cut, or sells unmanufactured forest products.
Seven Steps to Conducting a Successful Timber SaleStep 1: Establish sale/property boundaries.Step 2: Determine and define access.Step 3: Identify trees to cut and appraise value.Step 4: Advertise the sale.Step 5: Execute a written contract.Step 6: Monitor active logging.Step 7: Close out the sale.