Top 10 Pieces of Advice for Landowners
1. Do know that their first offer is almost never their final offer.2. Don't ever assume that your neighbors/friends/family knew what they were doing when they negotiated their own leases.
3. Don't ever sign a lease that doesn't include the full construction drawings as an exhibit.
4. Don't assume that every lease must have sublease revenue sharing.
5. Don't believe everything you read on the web. The average for cell site leases is NOT $1500/mo.
6. Do have your attorney review your tower lease.
7. Don't trust a verbal promise by the wirelss carriers or the tower companies.
8. Do be prompt in negotiating and responding to inquiries for a cell tower lease.
9. Do consider that the tower may alienate neighbors and nearby residents before agreeing to a lease.
10. Do your own homework on whether towers are safe or not.
Labels: cell phone tower lease
posted by Steel in the Air @ 9:26 AM
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