standing timber

standing timber

Timber that has not been cut or sold.Standing timber is considered part of the real estate.In some states,once a landowner signs a contract to sell the timber,it becomes personal property even if it has not yet been cut. As a result, a sale of the real property after the timber contract will not include the timber.

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References in classic literature ?
he confided to the ruined water wheel of the old Tarwater Mill, which he had built from the standing timber and which had ground wheat for the first settlers.
Tenders are invited for "Periodic delivery made by purchasing forecast types of paint, color spray-versatile and specialized spray for marking of standing timber in the forest necessary for marking, measuring and transporting timber from State Forestry in connection with the realization of the economic activity of TP" 1) Alkyd Wood Marking Wood: 1.
However, we cannot conclude the exclusion applies to all property damage, as the record shows there may have been property damage that occurred prior to the fire reaching standing timber.
On appeal, the appellate court agreed with Mount Aldie that the term "new opening or clearing" means a newly created area cleared of standing timber and/or brush, not merely the act of disturbing the earth.
Timberland a the combination of standing timber on the stump and the land beneath it a has become a valuable commodity lately.
M2 EQUITYBITES-November 15, 2016-Cambium Global Timberland to Sell Standing Timber to Brazils' Suzano
Target: All of the standing timber on Cambium's 3R property in Tocantins state, Brazil
There's lots of standing timber, and the best way to fish is to vertically jig around the trunks and try to determine which pattern the fish are on.
Sometime after the purchase, G&J "learned the actual value of the standing timber on the parcels was significantly less than represented by" the timberland management firm, according to the lawsuit.
It is posited that, because standing timber is the main capital asset of SOFEs and because it is much harder for the government to monitor and measure state-owned forest assets than other state-owned capital assets (forests are measured once in 5 years, not annually), the asymmetric information between principal (the government) and agent (managers) is inherently more serious in the SOFEs than in other SOEs.
We are honored to have been selected to auction this beautiful farm ground that features 160+/- acres of standing timber, a farm house (in need of restoration) and several outbuildings.
Rodman's fish-holding structure consists of flooded woodlands with standing timber including submersed and partially submersed trees and stumps.