Reality of Cell tower lease
2 Pages
English
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Reality of Cell tower lease

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2 Pages
English

Description

Reality of Cell tower lease Cell tower lease buyouts can be profitable to landlords as it can provide cellular tenants with significant cash payouts.

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Published 17 July 2014
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Language English

Exrait

Reality of Cell tower lease
Cell tower lease buyouts canbe profitable to landlords as it can provide cellular tenants with significant cash payouts. One thing which can bring a doubt in the minds of landlords is that the present value of their cell tower lease could be less than what they can make in long run on their site. But selling your lease is the best way to escape the risk factor of long term investment. Mostly the property owners having cell towers on their personal property get good proposal regarding selling out their interest in the lease for tower. The proposal gives the buyer exclusive leasing rights for long time i.e. 30 – 40 years or more. But before signing any kind of such proposal, the seller or the property owner should take care of few things.
The first and the most important thing is the sale price. How to decide whether the sale price is a good deal or not? The simple way to increase is the sale price is hard negotiation or bidding. But still there is a bigger issue to work on. If the property owner has some business skills, he can ask for 30 to 50% share of the gross revenue generated by the purchaser. The second important thing is the documentation. It is always recommended that a property owner should consult a lawyer before signing any document regardingcell tower lease rates. There can be some tricky issues in the documents like restrictions on the property owner to use his remaining land, reduction in the sales price of his remaining property due to grants of first refusal rights to the purchaser, inadequate insurance provisions and so on.
The last and the most important point is that the legal fees which is paid by the property owner to the lawyer is reimbursed. but to get it, you need to have a knowledgeable real estate lawyer or cell tower lawyer to review the proposal. The lawyer will review the proposal and will do the necessary negotiations with the purchaser making it a profitable deal. And you will also get your legal fees reimbursed.Cell Phone Tower can also be a good business where you can make a good amount of money quickly. You just need to be careful about the above mentioned points and you can end up making good money. You can also get good consultation from the firms offering cell tower buyouts.
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