West Virginia Forest Products Timber Sale Contract West Virginia Form
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People also ask
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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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What is timber in real estate?
Related Definitions Timberland Property means tangible real property that has as its primary use the bona fide production of trees for the primary purpose of producing timber for commercial uses.
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Is there any virgin forest or timber left in WV?
Old-growth forest was once abundant here, but few forests escaped the logging of the 19th and 20th centuries. By the early 21st century, West Virginia had reforested and our state had more forestland than it has had for 100 years, but only small remnants of the grand pre-settlement forest remain.
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What is timber vs lumber in construction?
This is often a source of confusion; in the USA and Canada, the word timber refers to unprocessed wood, such as unharvested or recently-felled trees still with their bark. The word 'lumber', on the other hand, is used to describe processed wood products used for furniture making, home construction and the like.
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What is on a land sale contract in West Virginia?
In West Virginia, the information that must be reported on a land contract includes the names and addresses of the buyer and seller, the date of the contract, the purchase price, the legal description of the property being sold, the terms of the sale, a description of any liens on the property, and a statement of the ...
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What is a timber clause?
The Vendor shall retain title to all harvestable timber on the Purchased Line for ten (10) years after the Closing, and the Purchaser shall use all reasonable efforts to cooperate with the Vendor in connection therewith.
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How does a logging contract work?
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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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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