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Sample Timber Sale Agreement North Carolina Forest Service Form

Sample Timber Sale Agreement North Carolina Forest Service Form

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[banjo music playing] One of the most important parts of the timber sale is the contract. The contract is a bonding written document outlining the sale and operations concerning your timber for a set period of time between the buyer and the seller. A contract ensures that the harvest will be done in the manner the landowner specifies. Think of a contract as your sales receipt for the sale of your timber. The contract includes: contract term. How long is the harvest operation going to last? A lump sum payment amount of your timber. Locations and boundaries of the sale. The consulting forester's clause indicating that the consulting forester is the landowner's agent in the sale. Details of the performance bond which outlines consequences in case contract specifications are not performed as written. Local state and federal law compliance. Conditions requiring suspension of works such as wet soil should be specifically stated in the contract. Special terms and conditions. P

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