Wake North Carolina Forest Products Timber Sale Contract

• Category: North Carolina Contracts - Forestry
• State: North Carolina
• County: Wake
• Control #: NC-E4003
• Format: Word; Rich Text

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. The Wake North Carolina Forest Products Timber Sale Contract is a legal agreement between the Wake North Carolina Forest Products department and a timber buyer or contractor for the sale and harvest of timber within Wake County, North Carolina. This contract outlines the terms and conditions governing the timber sale process, ensuring the sustainable and responsible management of the forest resources while promoting economic benefits for both parties involved. Keywords: Wake North Carolina Forest Products, Timber Sale Contract, Wake County, North Carolina, legal agreement, timber buyer, contractor, sale, harvest, terms and conditions, sustainable management, responsible management, forest resources, economic benefits. There are several types of Wake North Carolina Forest Products Timber Sale Contracts: 1. Lump Sum Contract: This contract type involves the timber buyer paying a fixed lump sum amount for all the designated timber volume within a specific area or stand. The buyer assumes all risks and responsibilities after payment, including logging, transporting, and processing the timber. 2. Pay-as-Cut Contract: This contract type involves the timber buyer making payments based on the actual volume of timber harvested. The buyer pays the predetermined price per unit of timber volume, which is evaluated after logging and measurement. This type of contract offers flexibility for both parties as payments are made as the timber is extracted. 3. Stump age Contract: In this contract type, the buyer pays a specified price per unit of wood volume, known as stump age, which refers to the standing timber ready for harvest. The buyer is responsible for all harvesting and transportation costs. Stump age contracts are commonly used when the buyer intends to log and process the timber on their own. 4. Shared Revenue Contract: This contract type involves both the forest products department and the timber buyer sharing the revenue generated from the sale of timber. The percentage allocated to each party is predetermined. This type of contract promotes a more collaborative relationship between the buyer and the forest products department, as both parties have a vested interest in maximizing profits. Regardless of the contract type, Wake North Carolina Forest Products implements strict guidelines and regulations to ensure sustainable logging practices, protect wildlife habitats, and maintain the ecological balance of the forests within Wake County, North Carolina.

The Wake North Carolina Forest Products Timber Sale Contract is a legal agreement between the Wake North Carolina Forest Products department and a timber buyer or contractor for the sale and harvest of timber within Wake County, North Carolina. This contract outlines the terms and conditions governing the timber sale process, ensuring the sustainable and responsible management of the forest resources while promoting economic benefits for both parties involved. Keywords: Wake North Carolina Forest Products, Timber Sale Contract, Wake County, North Carolina, legal agreement, timber buyer, contractor, sale, harvest, terms and conditions, sustainable management, responsible management, forest resources, economic benefits. There are several types of Wake North Carolina Forest Products Timber Sale Contracts: 1. Lump Sum Contract: This contract type involves the timber buyer paying a fixed lump sum amount for all the designated timber volume within a specific area or stand. The buyer assumes all risks and responsibilities after payment, including logging, transporting, and processing the timber. 2. Pay-as-Cut Contract: This contract type involves the timber buyer making payments based on the actual volume of timber harvested. The buyer pays the predetermined price per unit of timber volume, which is evaluated after logging and measurement. This type of contract offers flexibility for both parties as payments are made as the timber is extracted. 3. Stump age Contract: In this contract type, the buyer pays a specified price per unit of wood volume, known as stump age, which refers to the standing timber ready for harvest. The buyer is responsible for all harvesting and transportation costs. Stump age contracts are commonly used when the buyer intends to log and process the timber on their own. 4. Shared Revenue Contract: This contract type involves both the forest products department and the timber buyer sharing the revenue generated from the sale of timber. The percentage allocated to each party is predetermined. This type of contract promotes a more collaborative relationship between the buyer and the forest products department, as both parties have a vested interest in maximizing profits. Regardless of the contract type, Wake North Carolina Forest Products implements strict guidelines and regulations to ensure sustainable logging practices, protect wildlife habitats, and maintain the ecological balance of the forests within Wake County, North Carolina.