celltowerleaseagreements

 

As the usage of smartphones keeps on growing, the need for data has been predicted to continuously grow as well every year. This means that numerous telecommunication companies will need to have more and more cell towers. Cell phone tower leasing is now becoming a popular business that enables a lot of profitable opportunities for landholders to earn money from. But, a lot of landholders or homeowners are not aware of the complexities of cell tower leasing. Commonly, landholders first learn about cell phone tower leasing when they receive a call from a company proposing to rent a portion of land to construct a cell tower. Clearly, many individuals are puzzled about the aspects of this type of deal.

In case you receive a proposal from a company at towerleases.com to construct a cell phone tower on your property (whether it is a house, an apartment complex or a field) there are a few things you need to put into consideration before agreeing to the free cash. Continue reading to learn more.

The first thing you need to know is that the initial offer is the good one. Usually, companies will use an agent to haggle the lease with the landholder. The agent will then get an incentive if he can obtain the lowest rate. In other words, it will not be an advantage for you if you agree to the initial offer. You could ask for a greater amount than the initial offer, which you definitely should. The amount of lease will be based upon the property's value, the size of land you can offer, etc. There are a lot of technicalities that must be considered in the negotiation of cell tower leasing, so it would be best to hire a cell tower consultant to guide you on the ways you can make it beneficial for you. Check this site!

When the cell phone tower is finished, it is then offered to various companies. The more companies renting the tower, the more gainful the tower will be. There is a clear value of investment that should be considered in a lease.

Property leasing for a cell phone tower is an investment that can last for a long time. Surely, the cell tower is not just going to be dismantled in 2 to 3 years. It will stay as a whole for many years, however the rate of inflation would not. In case you sign up to lease your land for a fixed price, it will not be an advantage because the rate of inflation may go up in the succeeding year. Never say yes to a fixed lease. Negotiate an escalation so your lease can combat inflation.

For more facts and information about cell phone tower leasing, go to https://en.wikipedia.org/wiki/Telecommunications_lease#Fair_market_value.

Companies will request for additional land from your property than necessary so they would have higher control. Do some digging and figure out the necessary amount of land needed for a cell phone tower. The rent negotiated should be for the minimum area that is required. In case the company wants to have more of the land, increase the rent correspondingly.

 

Mostly, landholders lack information about cell tower leasing, thus they get shortchanged in the process. A cell phone tower will create huge returns for a company for a lot of years.