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1、TIMBERSALECONTRACT-SAMPLE
Thefollowingdocumentoffersexcellentguidelineswhenpreparingatimbersalecontract.Separatearticlesmaybeaddedtosuitspecificcircumstances.ItisadvisedthattheSellerandPurchaseremploylegalcounseltoreviewthecontractpriortoitsendorsement.
Contractenteredintothis_
2、_____dayof_____,20___.,byandbetween__________of_________Illinois,hereinaftercalledtheSeller,and_____________,of____________(city),___________(state),IllinoisTimberBuyerLicenseNumber_______,hereinaftercalledthePurchaser,WITNESSETH:
1.TheSelleragreestosellandthePurchaseragreestobuyfo
3、rthetotalsumof________dollars($_______)undertheconditionssetforthinthiscontractallofthelivestandingtimbermarkedordesignatedforcuttingandallofthedeadordowntimbermarkedordesignateduponanareaofapproximately_____acres,situatedinthe_________ofSection________,Twp._______R._______,________
4、____County,Illinois,onlandownedandrecordedinthenameof_______________________.
ThePurchaserfurtheragreestopaytotheSellerasaninitialpaymentunderthiscontractthesumof_________________dollars($_________),receiptofwhichisherebyacknowledged,andafinalpaymentinthesumof________________dollar
5、s($_______),priortoanycuttingorremovaloftimberunderthiscontract.
2.TheSellerfurtheragreestomarkanddisposeofthetimberconveyedinthiscontractinstrictaccordancewiththefollowingconditions:
(a)Alltreestobeincludedinthissalewillbemarkedwithadistinctivemarkontheboleandstumpofeachtree.
(b)N
6、otreesunder_____inchesindiameteratapoint41/2feetfromthegroundwillbemarkedforcutting.
(c)NoconcurrentcontractinvolvingtheareaorperiodcoveredinthiscontracthasbeenorwillbeenteredintobytheSellerwithoutthewrittenconsentofthePurchaser
(d)ThePurchaserandhisemployeesshallhaveaccesstothearea
7、atallreasonabletimesandseasonsforthepurposeofcarryingoutthetermsofthiscontract.
(e)Unlessotherwisespecified,allmaterialcontainedinthemarkedordesignatedtreesisincludedinthissale
(f)
(g)
3.ThePurchaserfurtheragreestocutandremoveallofthetimberconveyedinthiscontractinstrictaccordancewi
8、ththefollowingcondi
