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? 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. A cellular company would actually convince you to agree to their terms which may not make you happy. Moreover, your attorney may actually push you out of the deal. The cellular company may also proceed in negotiating for a different location.
In these situations, you won’t be getting that fair cell tower lease agreement. Well, what you must understand regarding the cell tower lease rates is that those cell phone providers would rather want you, being the property owner, kept in the dark. What you should be aware of is that their site acquisition contractors are receiving big bonuses for being able to implement the cellular tower leases below such fair market value. When the terms of the lease are quite in favor with the cell carrier, then the leasing agent would actually obtain bigger bonuses. These agents are paid higher if they would set up leases in which you are paid less.
Know that such is actually a common practice in several fields because of the such reason that you are in a 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. Actually, it is best that you have an honest and also knowledgeable help from one who is specializing in the cell tower leases. It is best that you would hire an experienced negotiator when it comes to cell tower rates.