§ 223.60 Determining fair market value
§ 223.61 Establishing minimum stumpage rates
§ 223.62 Timber purchaser road construction credit
§ 223.63 Advertised rates
§ 223.64 Appraisal on a lump-sum value or rate per unit of measure basis
§ 223.65 Appraisal of timber for land exchange; right-of-way, or other authorized use

Terms Used In CFR > Title 36 > Chapter II > Part 223 > Subpart B > Appraisal and Pricing

  • Appraisal: A determination of property value.
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.