If you are like, ‘how to negotiate a cell tower lease’? This is a place to go! It is very imperative to comprehend what you are going to gain and what you are going to lose before signing the dotted line. Low coverage, slow download speeds, poor quality calls, and dropped signals are the primary reasons that make it indispensable for the cellular companies to install an additional cell tower to enhance the overall performance.
When it comes to offering a land to a cell company for the installation of their tower, location is a major factor. Before you get to know the first point about how to negotiate a cell tower lease, you need to make sure your land is in the perfect location. When it comes to determining the lease rate and the value of a land for installing a cell tower, a plethora of factors are out there.
What’s more, you must be aware of all the advantages and disadvantages of cell tower lease agreement before it has been finalized and signed by both parties. As far as the question ‘how to negotiate a cell tower lease’ is concerned, a tower release expert can give you the right answer since nobody working in a cell tower company will tell you the truth.
Your property will not be able to be leased unless it is suitable for those purposes. The rates must be carefully settled even though they might seem wonderful. But you are not supposed to forget that the rates will be locked in for the next 10 to 20 years or more and thus leaving just one hundred dollars will cost you fifty thousand dollars until the agreement is over.
The leasing rates are quite lower in the areas with so many similar landowners willing to negotiate with the cellular companies. In short, once your land has been selected, extra earnings are the biggest benefit for you.