Discussing a cell tower lease consultant can be very difficult mostly when you and your legal representative do not understand the telecommunication language. It might be due to lack of knowledge of the actual cell tower rates in the market. Most lawyers have no idea about cell tower leasing contracts and investing in cellular carriers. Cell tower lease negotiations rely primarily upon the different characteristics of the proposed cell tower location involved and, in turn, what the lands perceived value is to the cell phone carrier or tower company which varies in all sites.
Some factors for considering in negotiating with these companies. One is the height of your building compared the neighboring buildings or the unique feature of your building. Another thing is what choice apart from your building does the cell leasing company has that can be an alternative to the contract. Lastly, another critical factor is the size of your property and the possibility of growth and expansion in the future.
Therefore a property owner bargaining power and leverage in negotiations will be critical to the options that a cell phone carrier or tower company has and the overall value of your potential tower location to that cell phone carrier. If there is an agreement between the two parties, there are key factors that the property owner should focus in the tower lease agreement transaction.
The rent offered will be by various angles, but the most important factors are the space requirements of a cell phone carrier or tower company to put up its equipment and the overall utility and functionality of the cell tower location to that cell phone carrier or tower.
The Co-Location Fees and Sublease is another factor. Cell phone carriers erect a cell tower for functionality but a cell tower company builds cell towers for their revenue potential only therefor a landowner should share in this revenue also.
Cell Tower Lease Term and Commencement should be clear where a property owner is usually asked to make a long-term commitment in matters to do with leasing a portion of his or her property. These leases typically range between three to five successive years at the option of the tenant.
Lease Termination should also be critical and precise. A property owner will notice that a cell phone carrier or tower company will seek an early termination clause in a cell tower lease advisor if a location becomes unusable because of technology problems, changes in economic conditions or if it loses its license or permits to operate.
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