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TIMBER SALE CONTRACT - SAMPLE

The following document offers excellent guidelines when preparing a timber sale con tract.? Separate articles may be added to suit specific circumstances・?lt is advised that the Seller and Purchaser employ legal coun sel to review the con tract prior to its

en dorseme nt.

Con tract en tered into this ___ day of ,20 .,by and betwee n

of Illi

nois, here in

after

called the Seller, and

,of (city),

(state ), Illi

nois

Timber

Buyer Lice nse Number

here in after called the Purchaser, WITNESSETH:

1. The Seller agrees to sell and the Purchaser agrees to buy for the total sum of dollars ($ __ )

under the conditions set forth in this

con tract all of the live sta nding timber

marked or designated for cutting and all of the dead or dow n timber marked or desig nated upon an area of approximately _____ a cres, situated in the __________ of Section

______________ ,

Twp. _______ R. _______ , ____________ Coun ty, Illi no is, on land owned and recorded in the n ame of

The Purchaser further agrees to pay

to the Seller as an in itial payme nt un der this con tract the sum of

dollars

($ ),receipt of which is hereby ack no wledged, and a final

payme nt in the sum of

_________________ dollars ($ _______ ), prior to any cutt ing or removal of timber un der this con tract.

2. The Seller further agrees to mark and dispose of the timber con veyed in this con tract in strict accorda nee with the follow ing con diti ons:

(a) All trees to be in cluded in this sale will be marked with a distinctive mark on the bole and stump of each tree. (b) No trees under _______ inches in diameter at a point 4 1/2 feet from the gro und will be marked for cutt ing.

(c) No con curre nt con tract in volv ing the area or period covered in this con tract has bee n or will be en tered into by the Seller without the writte n consent of the Purchaser

(d) The Purchaser and his employees shall have access to the area at all reas on

able times and seas ons for the purpose of carrying out the terms of this con tract.

(e) Uni ess otherwise specified, all material contained in the marked or