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 ?
"Huh!" 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.
Sale and purchase of standing timber in forests owned by sellers.
> It's the third pass of the morning and the planer boards are falling back like we're trolling through standing timber. They aren't merely surging backward, they're being buried as trolling rods strain under the heavy pressure on the other end of the line.
The standing timber volume amounts to 900 000 cubic metres.
Also with the line counter reels I have figured out how to run these rigs right through standing timber in the mouths of coves to catch crappie.
More than 65 percent of standing timber in New Hampshire is low-grade wood, which has a limited market.
Prices for standing timber (trees not yet harvested) have risen by 30% in the past year and studies have predicted global demand for forest products will more than double by 2050.
"Landowners are only getting about half of what they were getting 11 years ago for standing timber," Pelkki said.
Part of the property held significant timber, and a forester was engaged to provide a timber cruise--a sample measurement used to estimate the amount of standing timber in a forest and its characteristics, condition and value.
Then, the hurricane struck, destroying an estimated 2.6 billion board feet of standing timber. New Deal agencies, like the Reconstruction Finance Corporation, Works Progress Administration, Civilian Conservation Corps, Federal Writer's Project, in addition to the US Forest Service, were employed to clean up the damage.
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. Accordingly, we reverse and remand for a factual determination on the issue of damages relevant to coverage under the umbrella policy.
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.