Timber Agreements

Steps 1 to 6 and 8 are discussed in the F-37 fact sheet of the Ohio State University expansion, Getting the Most Return From Your Timber Sale. This brochure focuses on Stage 7 and enters into a contract with the wood buyer. ITTA3 (2006) aims to «promote the expansion and diversification of international trade in tropical timber from sustainably managed and legally harvested forests and to promote sustainable management of tropical timber-producing forests.» [1] It came into effect on December 7, 2011. [2] A harvest card is a must in a real wood sale. A map contains sales limits and limits, landing location, stream crossings, loggers` roads and all environmentally sensitive areas, such as wetlands or special wildlife habitats. Compliance with best management practices will ensure the correct disposal of waste, cutting liquids and dirt; Treaty specifications that address these issues in depth. Contracts for the purchase of wood should always be written. They should not be complicated, but must specify exactly what the seller and buyer have agreed to for all activities related to the sale of wood. Most wood buyers have their own contract. Many contracts are perfectly suited to certain situations; Others are totally unacceptable from the seller`s point of view.

If a wood buyer offers you a contract, you consider it a starting point. Carefully review the contract to ensure that it reflects your understanding of the agreement and takes into account all of your concerns. In some cases, the buyer`s contract may require few additions or modifications to meet your requirements. In other cases, the buyer`s contract may be totally unacceptable or require further revision. Define the types, sizes and condition of the trees sold. Buyers and sellers should have a clear understanding of what needs to be cut and what is not. What are the units of measurement used? The volume of wood is measured in different ways and experienced foresters can provide the seller with a complete and detailed inventory of wood products in the field. An advisor offers this advice to experienced landowners who sell wood: ALL TIMBER DESIGNATED BELOW SHALL BE CUT and withdraws before the date indicated in Section I, unless an extension of the time limit is requested and granted in writing. The sale will expire on this day or before the date on which all products were cut, withdrawn and the final payment has been made. The buyer is responsible for the full offer price for all the woods listed below, including uncut or unserring wood prices. This responsibility applies regardless of the violation of wood for natural reasons, acts of God or human acts, including vandalism or theft.

All rights to the remaining products, cut or not, go back to the seller for the sale. The contract negotiation process allows the buyer and seller to discuss how the harvest will proceed and to identify and obtain clarification and agreement on areas of concern. After development, the contracts should describe in detail what the seller and buyer have agreed. This will significantly reduce the possibility of misunderstandings and differences of opinion and provide legal protection to both parties, as agreed under contractual terms and agreements. The price of wood can be difficult, and that`s why you want to put a ranger. The lump sum or sales per unit means different types of payment schedules. A lump sum sale includes a negotiated price for an entire wing or sales area. The seller receives the total before the wood is cut. In one sale per unit, the seller and buyer negotiate a price per unit of harvested wood. This type of sale means that the seller receives payment when the wood is cut. Is a down payment necessary? There are pros and cons to each of these wood sales methods that the seller should follow. Who will ensure that all loads from the forest are taken into account? Who`s the wood? Will the buyer and seller use the ages of