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Indiana Timber Sale Contract - Indiana 2025

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The document is a Timber Sale Contract between a Seller and Purchaser in Indiana, outlining the terms for the sale and management of merchantable timber on specified property. It details the rights granted to the Purchaser for cutting and removing timber, responsibilities regarding environmental protection, adherence to management practices, and conditions for liability and indemnification. The contract also includes provisions for handling endangered species, financial arrangements, and stipulations for road construction and maintenance related to timber operations.

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Click ‘Get Form’ to open the Indiana Timber Sale Contract in our editor.
Begin by filling in the Seller's name and corporation details at the top of the form. Ensure accuracy as this information is crucial for legal purposes.
Next, enter the Purchaser's name and corporation details. This section should mirror the Seller's format for consistency.
In the 'Description of Property' section, provide specific details about the property location and source of title. This ensures clarity on what timber is being sold.
Proceed to fill out rights and obligations under sections 1 through 8, ensuring you understand each clause regarding timber management practices and responsibilities.
Complete any financial details, including deposit amounts and payment terms for timber cut but not sold, ensuring all figures are accurate.
Finally, ensure all parties sign where indicated, including witnesses and notary acknowledgments if required. This finalizes your contract legally.

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What trees are worth money in Indiana?

Log prices vary by species. Although predicting future species prices is impossible, some Indiana upland hardwoods seem to consistently hold a good price: black walnut, white oak, red oak, black oak, white ash, black cherry, sugar maple and tulip tree.

How do you know how much your timber is worth?

The grade and quality of your timber docHubly influence its worth. Higher-grade lumber is characterized by having a superior appearance with fewer defects, and commands premium prices. Tree appraisal experts evaluate factors like straightness, knots, and overall health to determine the grade.

How much is standing timber worth in Indiana?

The median value for medium-quality sales for 2023 was $541/MBF. This is docHubly less than the $615/MBF in the average sale and a 12% decline from the $614/MBF median price in 2022. For low-quality sales, the 2023 median price is $356/MBF.

How much is standing timber worth?

An acres value depends on your specific stand and market conditions. Based on 20222024 averages: A 100-acre plantation in the US South at 26+ years might yield $211,100$227,500 from a clearcut. The same plantation, thinned at 2125 years, could bring $53,800$90,400.

How do timber contracts 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

How to bid on timber sales?

Sealed Bids A sealed-bid timber sale requires prospective buyers to submit confidential written offers that will be opened at a specified time and place. Each bidder is allowed to make only one bid, and bids are not accepted after the specified time for the bid closing.

Is the price of timber high right now?

Timber Price Index is at a current level of 83.24, up from 82.25 last month and up from 78.39 one year ago.

Indiana Timber Sale Contract - Indiana 2025

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