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North Carolina Forest Products Timber Sale Contract

Winston–Salem North Carolina Forest Products Timber Sale Contract

Name: Winston–Salem North Carolina Forest Products Timber Sale Contract
Brand: US Legal Forms
Rating: 4.87 (494 reviews)

Category:

North Carolina Contracts - Forestry

State:

North Carolina

City:

Winston–Salem

Control #:

NC-E4003

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 Forest Products Timber Sale Contract?

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FAQ

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.

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.

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.

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.

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.

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.

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.

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Information and photographs related to special forest products. Appendix B – Planned Timber Sale Program (CFR 219.NCSU's Hofmann Forest is the subject of a 50year timber deal to source wood products in this way. View Mike Price's profile on LinkedIn, the world's largest professional community. Mike has 5 jobs listed on their profile. Successful Investment Attraction in Wood Products. North Carolina has a robust agricultural economy. The. Org for complete up-to-date information.

Winston–Salem North Carolina Forest Products Timber Sale Contract

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

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FAQ

How do you get out of a timber contract?

What is a stumpage sale?

What is a timber deed in NC?

How is stumpage value calculated?

What percentage does a logger take?

What does timber contract mean?

How is stumpage calculated in BC?

What is a stumpage contract?

How do you get out of a timber contract?

What is a stumpage sale?

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