When it comes to cell tower leasing agreement, it is normally one of the unique experiences. Unlike times that you are negotiating on the residential or commercial real-estate, the favor is usually on the leasing company. The leasing compcompany lots of constructions for instance buildings and towers. However, there are fewer opportunities, if there is any, and it is normally occupied and has an owner. The deal in most cases is the company that is leasing the property and the tenant.
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. It is important that you come up with a good strategy of reading what is written on the contractor ask someone you know to help you clarify the document in the right manner. There is need to ensure that you get the best representative to keep you updated on the requirement of the papers. You may call price-valuers so that you can get an update of the value of your property so that you know if it is worth the rent that leasing company is going to pay for a certain duration.
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. Getting deep to some details is very crucial so that you are certain that you have checked through if there is going to be any issues. 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.
You should not just be focusing on what you will have today, but the future also matters. 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. Therefore, there is need that you establish if the agreement will suit you in e the best decision while you have not yet assured that that is the kind of agreement you need for your future, so that you make the right decision. In this case, there is need to ask yourself if in any way whether you will be able to receive the optimal value of your asset in the coming years?