Can you make money selling timber?

Depending on current timber prices, you could make some money. If this is the only reason you're thinking about cutting timber (but aren't excited about removing your park-like trees), there are other options that don't involve cutting. In fact, you can make a healthy side income without cutting your trees at all.

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North Carolina
Winston–Salem
North Carolina Timber Sale Contract

Winston–Salem North Carolina Timber Sale Contract

Name: Winston–Salem North Carolina Timber Sale Contract
Brand: US Legal Forms
Rating: 4.72 (221 reviews)

Category:

North Carolina Contracts - Forestry

State:

North Carolina

City:

Winston–Salem

Control #:

NC-E4002

Format:

Instant download

Description

This is a contract whereby the buyer agrees to purchase all timber as designated for removal by the seller. Seller will also grant the buyer the right of ingress and egress to remove the timber from seller's land.

How to fill out Winston–Salem North Carolina Timber Sale Contract?

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FAQ

With a stumpage sale, the buyer takes ownership of the timber from the landowner when the trees are harvested. Stumpage rates are proposed by the buyer (typically a logging contractor, forester, or mill) and stumpage paid to the landowner in exchange for the right to harvest their timber.

Profit margins for the supplier average 3 to 5.5 percent. In general, a profit margin reflects the amount of value added to the product during processing and the amount of risk associated with the endeavor. While loggers do not technically add value to the timber they process and deliver, they do turn trees into logs.

The amount of stumpage you pay is based on the timber volumes, species and grades you report and the stumpage rates for your timber. If applicable, the bid you made for your timber licence will be calculated into your stumpage. You can look up stumpage rates using the Harvest Billing System.

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.

A timber deed is a document that gives a timber company the right to cut the timber off of a specific piece of property. Usually they last anywhere from 1 to 3 years.

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.

To exercise the opportunity for mutual cancellation, the purchaser must submit a request in writing for each timber sale contract the purchaser seeks to cancel. The written request must be received by the BLM within 60 days of the purchaser's receipt of the BLM's letter.

Depending on current timber prices, you could make some money. If this is the only reason you're thinking about cutting timber (but aren't excited about removing your park-like trees), there are other options that don't involve cutting. In fact, you can make a healthy side income without cutting your trees at all.

Winston–Salem North Carolina Timber Sale Contract

Description

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