Alabama Timber Purchase Agreement - Pay as Cut

State:
Alabama
Control #:
AL-015-03-CP
Format:
Word; 
Rich Text
Instant download

Description

This form is a timber sales contract in which the purchaser agrees to pay to the seller on a weekly settlement basis for the timber cut by purchaser from the land during the preceding settlement week. This form is available in Word and Wordperfect formats.

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FAQ

The more mature trees you have, the more likely it is that your timber is ready for harvest. To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report.

The total volume of the tree would be 225 board feet. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. A fourteen inch Red Oak with a grade 3 rating would be worth $12.00 for an average price per thousand board feet of $265.00.

To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report.

In logging contracts, payment is most often based on either dollars per unit or a percentage of the value of the wood. Historically, loggers have worked on a percentage basis, and 50 percent of the value of the wood was standard operating proce- dure.

Salaries for loggers depend on the task in which they specialize. Fallers cut down trees using mobile felling machines and powered chainsaws. They earned a median $21.46 per hour or $44,650 per year as of May 2019, according to the Bureau of Labor Statistics.

Logging companies rarely have the specialized equipment, not to mention proper insurances, to remove trees from an Urban setting. But even if they did, the cost associated with hauling equipment to a location and removing the bulk of an entire tree including its top is usually far greater than the value of the tree.

To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report.

The value of pine trees in the forest or in a plantation can be appraised by a Consulting Forester. Pine timber generally sells for less than ten cents per board foot. So, a big pine tree might be worth $30. However, on a big well-managed plantation, that could add up to significant value on a per-acre basis.

Timber prices are negotiated between the seller and the buyer based on the relationship between supply and demand factors.

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Alabama Timber Purchase Agreement - Pay as Cut