Tips to Consider Before You Sign a Cell Tower Lease Buyout Agreement.
When it comes to cell tower leasing agreement, it is normally one of the unique experiences. You need to realize that there is need to read the agreement into details to ensure that you do not skip anything that is crucial in the well-being of the property. You find that many mobile compcompaniesl want to construct many buildings and towers to ensure clients access their services, but the properties are minimal to construct their features, land may be occupied or is minimal. Just like any other deal, this is the tenant and the leasing company.
Therefore, there is a need to have papers that you sign so that what you agree will be provided in the right manner at the end of every montmonththe time frame that you agree on. 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. You need to know that the sign you put on the papers will affect your future and there is hence the need that you proceed with caution. The first thing that you need to get concerned about is what the true value of your asset is.
The other thing that you need to focus on is readreading fine print carefully so that you know if the action you take at that time will affect you in the 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. You need to check if there is anything you have not gotten clarification of and by the cell tower lease expert ake sure you had made clarifications about the info you need to have and if it has been done properly.
Lastly, think about now and the future. You are aware that the lease agreements normally vary from 20 to 99 years, you, therefore, need to be well prepared. Again, you need to be aware that any termination is not allowed not until the expiry of the contract. You cannot claim that you have to make the best choice while you are not certain that what you have chosen will suit well with the kind of needs you have. You need to be assured that in the future, you will get a great worth for your property and negotiate cell tower lease.
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