What You Must Know About Cell Tower Leases
Keep in mind that it can be difficult to actually negotiate for the cell tower lease when you as well as the legal representative that you have isn’t quite familiar with the telecom language. How can you be sure that the real cell tower rate that you get is of fair market value? Many lawyers are not really knowledge regarding the cell tower leasing contracts or they can’t help you on how to get the most money from those cellular carriers.
If you are not familiar with the lingo as well as the cell business, then there are many issues that can come up. A cellular company would actually convince you to agree to their terms which may not make you happy. Also, your attorney would push you out of a deal. The cellular company may also proceed in negotiating for a different location.
Through such situations, you are not getting that fair cell tower lease agreement. The cellular phone providers would actually like to keep you in the dark when it comes to the cell tower rates. You must be aware that the site acquisition contractors would get big bonsues due to the being able to implement that cellular tower lease which is lower than the fair market value. When those terms of the lease are really favorable to the cell carrier, then the leasing agent would get an even higher bonus. Such agents are being paid more if they are going to set up leases which would pay you less.
You must understand that such is a common practice in many fields because of the reason that you live in such capitalist economy. When you wish to get the best rates for the lease, then there are a few things that you have to know.
In several cases, the property owners would ask such cellular site specialist to offer them with a comparative cell tower rate for their area. However, several cellular companies are making use of comparative pricing as well so that they can convince you that you are actually asking for too much.
Due to such, the best thing that you may do is that you should not trust such cell tower leasing contract in a standard legal counsel or lawyers from a particular cellular company. It is actually best that you would get honest and also knowledgeable help from a person who specializes in the cell tower leases. It would be best that you get an experienced negotiator regarding the cell tower rates.