Tips to Consider Before You Sign a Cell Tower Lease Buyout Agreement.
You need to realize that contracting a tower on your proppropertyunique and has lots that a tenant has to enjoy. Unlike times that you are negotiating on the residential or commercial real-estate, the favor is usually on the leasing company. You realize that the company that leases has lots of buildings to construct as well as towers to access their services. However, land to do that is minimal, or it has been occupied by someone. The deal needs to be between the leasing company and the tenant, if it becomes expeexpensive leasing company just walk away for greener pasture.
Be sure to put a sign on the papers to abide by the rules and regulations of the leasing company. Before you sign the agreement there are a few things that you need to verify on the cellcell tower lease rates comparablea so that you know if it will suit your future needs. There is need to ensure that you get the best representative to keep you updated on the requirement of the papers. The first thing that you need to get concerned about is what the true value of your asset is.
You must go through the fine print so that you can ascertain that you are not making a mistake of settling with something that would affect your future. Check the documents that claim that your location would serve as a new site for the tower, you may also check the map so that you verify. Be sure to check the exact location as well as check if other areas would serve as best places to locate the tower. If you are careful enough to read through the inside of the lines, you might just find out that there is an emerging problem in the future. Is there any information that you would like to be clarified for in the right manner?
You also need to think about the future as far as you also consider today. Also, keep in mind that the lease agreement will be varying up to 99 from 20 years. Get to ask the cell tower lease consultant you will not be able to terminate an agreement as a property owner before the end of time. Therefore, there is need that you establish if the agreement will suit you in e the best decision while you have not yet assured that that is the kind of agreement you need for your future, so that you make the right decision. You must question yourself if you will be in apposition to get even a small value for your property in the next decades.