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Harvesting contracts are often used in the timber industry. A timber sale is, ideally, a smoothly executed business transaction that meets the expectations of both the landowner and the timber buyer, without surprises to either party. The typical timber buyer has considerable experience and is probably very knowledgeable on all aspects of the proposed transaction. The landowner, on the other hand, may be entering into an unfamiliar transaction or may not possess the most current information on timber sales. A harvesting contract provides, in addition to legal protection, a format in which the terms of the timber sale can be described. Preparing a contract encourages forethought and planning, which will minimize difficulties and will ensure that the transaction will meet the landowner's expectations.
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