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LSDefine

Simple English definitions for legal terms

stumpage

Read a random definition: Mistake of Fact

A quick definition of stumpage:

Stumpage: The trees that are still standing on a piece of land. Stumpage can also refer to the value of those trees. Sometimes, people need a special permission called a license to cut down those trees.

A more thorough explanation:

Definition: Stumpage refers to the value of the trees standing on a piece of land. It can also refer to the license or permission to cut down those trees.

1. A lumber company wants to buy a piece of land to harvest the trees for timber. They negotiate with the landowner to determine the stumpage value of the trees.

2. A logger purchases a stumpage license from the government to cut down trees in a designated area of a national forest.

3. A landowner hires a professional forester to assess the stumpage value of the trees on their property before deciding whether to sell the timber.

These examples illustrate how stumpage can refer to both the value of the standing trees and the permission to harvest them. It is an important concept in the forestry industry, as it determines the financial value of the timber and who has the right to harvest it.

stultiloquium | stuprum

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CuriousPanda2362
13:05
Big movement are bound to happen soon but it’s so eerily quiet
HopefullyInLawSchool
13:05
^^^^Me taking a dookie
CuriousPanda2362
13:05
Lmao
babycat
13:06
Ehh I think schools will prob release information on their YM applicants first before they even get to RD
babycat
13:06
I wouldn’t expect RD applicants to hear anything until after Thanksgiving bc they prioritize YM so heavily
HopefullyInLawSchool
13:06
I heard theyll do that at LSU but not 100% sure
2big2fail
13:09
berkeley status checker is so funny
13:11
berk today will be Huge if it happens
2big2fail
13:12
i think berkeley next wave will be in december
13:13
that is probable i just have a funny where i say “berk today” every single day
2big2fail
13:13
makes sense
@JumpySubsequentDolphin: TODAY IS OUR DAY also 1pm est or pst?
JumpySubsequentDolphin
13:14
YEAHHH SPLITTY. also PST
yo mama jokes will never not be funny
everyone trying to YM each other but no JM... damn :/
AHAHAHAAH
i'm lying in wait dw
if no gtown today i'm crashing out so bad yall don't even know
i will not be racist or say slurs tho unlike Some people
how bad on a scale of wild- evol bunny
HAHAHAH
BulbasaurNoLikeCardio
13:20
Evol bunny said they are dropping out and done with LS, they are too good for it so likely will never see the melt downs again
Dkk
13:20
@SplitterusClitterus: 11:22:24 PST, so in about an hour.
Dkk
13:21
Adios EvolBunny then
yall saw the shit at gtown rn w the pregnant 2l
Dkk
13:22
@HopefullyInLawSchool: Lol
babycat
13:22
we have one local rep who didn’t get reelected bc she went on a podcast and said some crazy shit about jewish people
insane
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