Things to Know Regarding Cell Tower Leases
When you are not really familiar with the telecom lingo, then it can be very hard to negotiate such cell tower lease. How can you make sure that the actual cell tower rate which you receive is actually of fair market value? There are many lawyers out there who are not quite knowledgeable of the cell tower leasing contracts or they are not able to help you about how to get the most cash from the cellular carriers.
There can be some situations that would come up when you are not familiar with the cell business and its lingo. That cellular company would convince you to agree to such terms that may actually not make you satisfied. Also, your attorney would push you out of a deal. Another thing is that the cellular company would be negotiating for a different location.
In these situations, you won’t be getting that fair cell tower lease agreement. What you should know about the cell tower rates is that such cell phone providers would rather keep you in the dark. 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. These agents are paid higher if they would set up leases in which you are paid less.
You must know that you are living in a capitalist economy, and such is the reason that this is becoming a common practice these days. 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.
You shouldn’t trust the leasing contract to the lawyers of the cellular company which is trying to negotiate with you. What you should do is that you must get an honest help from one who is really an expert or is specializing in such cell tower lease. It is best that you would hire an experienced negotiator when it comes to cell tower rates.