Timber and Lumber Forms
How to Make Timber and Other Wood Sales Profitable
The term timber refers to both standing trees and trees cut down for sale. The terms timber and wood are used synonymously. Timber wood is otherwise known as lumber. However some people differentiate between the two by considering timber as natural wood and lumber as processed wood ready for sale.
Before timber is cut down, it must be appraised by foresters. Foresters determine the value of timber and whether or not it is harmful to harvest. In many jurisdictions, a timber harvest deal must be filed with a government agency indicating intention to harvest timber.
In a timber sale deal, landowners are paid an amount called delivered price when they are responsible for harvesting and transportation of timber. This type of timber sale is generally known as contract logging. A written wood and timber contract is essential for conveyance of timber. Both the parties to a timber contract should be privy to the conditions under which a sale or purchase is made.
The legal outcome of cutting of timber, licensing, harvesting, selling, and purchasing is the main concern of parties to a timber transaction. Before drafting a timber contract, one should know the various laws that regulate timber and wood products and laws that relate to logging and forestry, including who is liable for acquiring necessary licenses. Various timber conservation laws should also be referred to.
A well-written timber agreement will minimize the potential problems that might arise during a deal involving timber. A timber contract stipulates the rights and obligations of the parties. The purpose of a written contract is to have unity of minds between the contracting parties.
Written timber agreements help ensure a smooth timber transaction. Experts recommend our well-drafted customized timber sale contract. You can use a sample timber template to draft your timber contract. The US Legal Forms website contains professionally drafted, state-specific timber purchase and sales contracts. The site also provides easily downloadable timber licensing agreements.