Utah Forest Products Timber Sale Contract Utah Form
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People also ask
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What is a timber contract?
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 ...
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How does selling timber work?
You can sell through an “oral auction” where several buyers attend and verbally bid on the trees, or you can request “sealed bids” that allow you to compare several different offers on sale day. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids.
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How do you make money from timber on land?
How to Sell Timber From Your Land Step 1: Establish Sale & Property Boundaries. The physical boundaries of your property must be established before you sell your timber. ... Step 2: Determine & Define Access. ... Step 3: Decide on the Harvest Method. ... Step 4: Advertise & Seek Bids. ... Step 5: Close the Sale.
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What type of forester buys timber by contacting local forest owners and negotiating a sale contract?
Procurement foresters buy timber by contacting local forest owners and negotiating a sale. This activity typically involves taking inventory on the type, amount, and location of all standing timber on the property. Procurement foresters then appraise the timbers worth, negotiate its purchase, and draw up a contract.
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