Tower Leases

Landowners

Crucial Mistakes to Avoid During Cell Tower Lease Negotiations

Navigating the labyrinth of cell tower lease negotiations presents both lucrative opportunities and potential pitfalls for landowners. In this ever-evolving landscape, where telecom giants continually seek strategic locations, being aware of common mistakes is paramount. Let’s delve into the traps you should sidestep to secure a beneficial deal. 1. Not Doing Enough Research The adage…

Current Cell Tower Leasing Rates 2018

In 2018, 95% of people own cell phones and 77% of people own smartphones. This means more people need reception and coverage, but this isn’t always offered in every area of the country. Cell tower lease rates seem to be changing all the time. How can you keep up with the latest information and stay…

Developing a New Cell Tower

We receive frequent requests from individuals inquiring about developing a new cell tower on their property.  When construction can be completed for as little as $70,000 and carriers are willing to pay more than $1,700 monthly, the curiousity is understandable. Building might not be the best option for you.  There are countless towers across the…

On ROFR Clauses

Cellular sites can provide stable long term income for site owners and lease holders. That income can vary greatly depending on how the cell tower lease agreement is created. Wireless companies aren’t going to structure contracts in the owner’s benefit out of good nature. It is up to the owner to structure the contract to…

Selling Land while Maintaining Cell Tower Lease

Many homeowners lease part of their properties to telecommunications companies, for building and maintaining cell sites. But, what happens if you are in this situation and you wish to sell the land under the cell tower? Is there any way to keep the lease and get the benefits from it? Legal Considerations Property rights over…

How to Lease Land for a Cell Tower?

Leasing land to a cell tower company is a great opportunity to earn a significant amount of money over a considerable time period, but it is not that easy to accomplish. What Are Cell Phone Companies Looking For? First of all, you should know that not every property is suitable for hosting a cell tower….