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With more than 200,000 cell towers posted around the US. by just the top three tower companies, coverage is getting better and better for consumers. As demand increases every day, companies need to take up space in rural areas and dense urban regions. For property owners, cell tower leases can be a great way to …
Do Cell Tower Lease Companies Pay Landowners Fairly? Read More »
Landowners with current leases are frequently contacted by 3rd parties with offers to purchase their leases, with a cell tower lease buyout. The frequency of those contacts borders on telemarketing and can be extremely frustrating if not frightening to deal with. You will likely be offered single lump sum payments in exchange for a release …
At NAREIT’s Investor forum at REITWEEK 2015, Real Estate Investment Trusts, or REITs, see continued demand for wireless capability that will encourage growth in the US for the forseeable future. Crown Castle International Corp president and CEO acknoweldged that demand for data in 2014 grew by 60 percent. Industry analysts expect as much as a …
A Perpetual Communications Easement gives a tenant the right to use your land for a specific purpose for an indefinite period of time. The easement would allow the tenant the opportunity to access and operate the the cell tower. Agreeing to a Perpetual Communications Easement may limit your options if you ever want to look into using …
The town council of Clarkdale Arizona has approved a conditional-use permit for Capital Telecom to build a new tower. The permit will allow Capital Telecom to construct a new 65 foot tower near Foothills Terrrace Subdivision. The council met with backlash from residents over the approval of the conditional-use permit. It was explained to residents …
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 …
Are you one of the many land owners that leased part of their properties to telecommunication companies, for erecting and maintaining cell towers? Leasing land for such a purpose might prove a good deal, bringing you significant revenues, but the time may come for you to sell the lease rights with or without the actual …
Selling a Cell Tower Lease: Separately or with the Property? Read More »
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 …
You may have noticed that while only one mobile carrier has cell towers in your region, many other networks have very good coverage. There are two explanations behind this situation: roaming or shared towers. Roaming involves the extension of the connectivity service, of your ability to make and receive calls outside your carrier’s network. It …
Are Cell Phone Towers Shared or Carriers Have Their Own Towers? Read More »
Renting your property to a cell tower company is an excellent way of generating income, and the easiest way to obtain the best conditions for your lease is by hiring a cell tower lease attorney. When negotiating, you will need all the help and legal assistance you can get – the cell company will probably …