Las Vegas Nevada Timber Sale Contract

Name: Las Vegas Nevada Timber Sale Contract
Brand: US Legal Forms
Rating: 4.71 (446 reviews)

Category:

Nevada Contracts - Forestry

State:

Nevada

City:

Las Vegas

Control #:

NV-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.

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FAQ

Types of logs Electrode resistivity devices. Induction logging. Microresistivity logs. Spontaneous (SP) log.

A typical timber sale contract usually contains the following: a description of the timber to be sold (estimated volume, number of trees and species), which timber will and will not be cut, the selling price (either lump sum or unit price), terms of payment, the location and boundaries of the sale, and time allowed to

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.

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.

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.

There are three major groups of timber harvest practices; clearcutting, shelterwood and selection systems.

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.

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Las Vegas Nevada Timber Sale Contract

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