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.

What is the most profitable timber?

Some of the Most Profitable Hardwood Trees for Timber Red Oak Trees & Other Oaks. Black Cherry. Hickory. Maple. Red Alder. Sycamore. Willow. Birch.

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New York Timber Sale Contract

Suffolk New York Timber Sale Contract

Name: Suffolk New York Timber Sale Contract
Brand: US Legal Forms
Rating: 4.55 (231 reviews)

Category:

New York Contracts - Forestry

State:

New York

County:

Suffolk

Control #:

NY-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. The Suffolk New York Timber Sale Contract is a legally binding agreement between a buyer and a seller for the purchase and sale of timber within the Suffolk County, New York area. This contract outlines the terms and conditions that both parties must adhere to in order to complete the transaction smoothly and ensures the rights and responsibilities of each party are protected. Keywords: Suffolk New York, Timber Sale Contract, buyer, seller, purchase, sale, timber, legally binding, terms and conditions, transaction, rights, responsibilities. Types of Suffolk New York Timber Sale Contracts: 1. Lump Sum Sale Contract: In this type of contract, the buyer agrees to pay a fixed amount for a predetermined volume of timber. The volume of timber is usually measured in board feet or cords. 2. Per Unit Sale Contract: In this type of contract, the buyer agrees to pay a specific price per unit of timber harvested. The unit could be board feet, cords, or any other agreed-upon measurement. 3. Stump age Sale Contract: This type of contract involves the sale of standing timber. The buyer pays the seller a predetermined price per unit of timber at the stump or at a designated location. 4. Selective Cutting Contract: This contract permits the selective harvesting of specific trees or timber species. The agreement will outline which trees or species can be harvested and the compensation to be paid to the seller. 5. Clear-cutting Contract: This type of contract allows the buyer to harvest all trees within a designated area. Clear-cutting contracts often have specific requirements for reforestation or replanting obligations for the buyer. 6. Multiple-Year Timber Sale Contract: This contract extends the agreement beyond a single harvest. It covers multiple timber harvests over a specified period, often involving periodic payments and provisions for the reevaluation of pricing terms. Each of these types of contracts has its own specific terms, methods of evaluation, and pricing structures. It's essential for both parties to thoroughly comprehend the chosen contract type and ensure all relevant details are included in order to avoid any misunderstandings or disputes.

The Suffolk New York Timber Sale Contract is a legally binding agreement between a buyer and a seller for the purchase and sale of timber within the Suffolk County, New York area. This contract outlines the terms and conditions that both parties must adhere to in order to complete the transaction smoothly and ensures the rights and responsibilities of each party are protected. Keywords: Suffolk New York, Timber Sale Contract, buyer, seller, purchase, sale, timber, legally binding, terms and conditions, transaction, rights, responsibilities. Types of Suffolk New York Timber Sale Contracts: 1. Lump Sum Sale Contract: In this type of contract, the buyer agrees to pay a fixed amount for a predetermined volume of timber. The volume of timber is usually measured in board feet or cords. 2. Per Unit Sale Contract: In this type of contract, the buyer agrees to pay a specific price per unit of timber harvested. The unit could be board feet, cords, or any other agreed-upon measurement. 3. Stump age Sale Contract: This type of contract involves the sale of standing timber. The buyer pays the seller a predetermined price per unit of timber at the stump or at a designated location. 4. Selective Cutting Contract: This contract permits the selective harvesting of specific trees or timber species. The agreement will outline which trees or species can be harvested and the compensation to be paid to the seller. 5. Clear-cutting Contract: This type of contract allows the buyer to harvest all trees within a designated area. Clear-cutting contracts often have specific requirements for reforestation or replanting obligations for the buyer. 6. Multiple-Year Timber Sale Contract: This contract extends the agreement beyond a single harvest. It covers multiple timber harvests over a specified period, often involving periodic payments and provisions for the reevaluation of pricing terms. Each of these types of contracts has its own specific terms, methods of evaluation, and pricing structures. It's essential for both parties to thoroughly comprehend the chosen contract type and ensure all relevant details are included in order to avoid any misunderstandings or disputes.

How to fill out Suffolk New York Timber Sale Contract?

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FAQ

Statewide stumpage price averages were $23.20 for pine sawtimber compared to $21 in 2020, $41.32 for oak sawtimber compared to $35.35, and $30.17 for mixed hardwood sawtimber compared to $25.20.

Two ways to sell timber Timber can be sold either as one lump sum or can be sold by the product that comes off your property (called a scaled product sale). One system may be better than the other depending on what you are selling and how you plan on reporting the income from your sale.

Lumber from trees such as red or white oak, black walnut, paulownia, and black cherry is expensive, and a tree in your yard might contain an impressive quantity of wood.

A successful timber sale involves the following steps: Step 1: Establish sale/property boundaries. Step 2: Determine and define access. Step 3: Identify trees to cut and appraise value. Step 4: Advertise the sale. Step 5: Execute a written contract. Step 6: Monitor active logging. Step 7: Close out the sale.

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.

There are approximately 250 sawmills in New York that produce about 480 million board feet of lumber annually. About 75% of the logs milled are hardwood, and 25% softwood. New York is a leading state in the production of hardwood lumber. Sawmills are found in almost every county of New York, primarily in rural areas.

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

Some of the Most Profitable Hardwood Trees for Timber Red Oak Trees & Other Oaks. Black Cherry. Hickory. Maple. Red Alder. Sycamore. Willow. Birch.

Trees used for veneer purposes are the most valuable. Walnut trees are always one of the most demanded trees in the wood industry. Oaks, maples, cherry, and ashes are also valuable trees. A high-quality veneer tree with a large diameter can be worth a lot but they are rare.

Steps to Marketing Timber Start with Your Objectives and Financial Situation.Know What You Are Selling and Its Value.Time Your Sale Strategically.Decide on a Selling Method: Negotiation or Sealed Bid.Decide on a Payment Method: Lump Sum or Pay-As-Cut.Advertise the Sale and Select a Buyer.Contract with a Buyer.

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Water System Revenue Bonds,. Local and State sales taxes shall not be included in the bid.(631) 451-4051; and. 4). Listings 1 - 25 of 1278 — Introducing a property that has no equal! Riverhead, NY. 18 year established bagel cafe imbedded in the community. We offer FREE estimates and competitive pricing. Contact us today to request your FREE estimate. See pricing and listing details of East Islip real estate for sale. Often see a personal right conveyed to a third party in a deed between A and B. Page 25. Types of Easements: In Gross.

In Gross. 6×. A. Easements for Property. Agricultural, Historic, Historic Preservation, or Other: 10. Land use and other arrangements that restrict or affect use (including zoning rules) of property are examples of 'agricultural' easements. In addition, such easements might limit or restrict the use of nearby property, or restrict or affect the other property's use. Examples of such other arrangements can include: a single-family farm's land being used for farming and the neighboring building being used as a grocery store; the owner of a single-family residence and the neighbor's garage be on the same lot; the owner of a building being permitted to use the adjacent parking lot (and the adjacent house to stay open). Land use restrictions for private commercial uses (the building and/or land used to perform business) are also common, as is restriction of use by persons other than the owner of the land or structure in question.

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Suffolk New York Timber Sale Contract

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