Cell Tower Lease Agreement Example
Cell tower ground lease.
Cell tower lease agreement example. In t mobile s lease template they propose an option fee of 100 00 for one year. This is a huge problem and the last thing any property. There are two types of cellular antennae leases. The cell tower lease agreement specifies how much land will be dedicated to the construction of.
While this checklist covers issues applicable to both lease types some issues may be applicable to rooftop leases and not cell tower leases and vice versa. The costs are significant. These agreements can be confusing to an average person. One of the biggest mistakes that property owners make when contacted about a cell tower is that they unknowingly let their lawyer negotiate their client out of the cell tower lease.
Cell tower lease agreement. In most cell tower lease template agreements there is language allowing a cell tower lease tenant to obtain their own electric meter. Tower and ground lease agreement this tower and ground lease agreement this lease is made and entered into as of the june day of 2006 by and between glynn county a political subdivision of the state of georgia by and through its board of commissioners landlord and new cingular wireless pcs llc. The first is a rooftop installation.
However there is often fallback language in the lease where in the event they can not obtain their own meter they can use the property owner s utilities. Cell phone technology is in a permanent change often requiring cell tower companies to modify the capacity or the set up of their existing facilities to be able to accommodate the increasing demands of the market that make them want to introduce modifications or amend your existing cell tower lease agreement. Cell tower lease agreements are structured for long periods of time up to 90 years. If you ve been approached by a wireless carrier or site acquisition agent about a cell tower lease agreement and you need help.
Basically put if an owner wishes to sell their property or lease they have to offer it to the cell tower owner or wireless carrier first. That comes out to 8 33 per month to tie up your land. The rofr allows the cell tower owner or wireless to match or exceed offers made for a landowners property or cell tower lease agreement from interested third parties. The second is a cell tower installation constructed directly on your land.
Installing the tower adding additional equipment that s needed and updating any necessary improvements at the site itself can cost hundreds of thousands of dollars he length of time for a lease is multi year because the cell tower. Make sure you have all the help you need and obtain the support from a professional tower lease consultant at cellwaves. This is a standard lease agreement between a cellular provider and a property owner. There are several types of cell tower leases to be aware of and each of them is worth a varying amount in rental fees to property owners.