Need help understanding cell tower lease agreements? We can help. At Wireless Property Listings, we have been helping landowners for many years. Over time, we’ve become skilled at knowing how to negotiate with the wireless companies. What does this mean for you? Typically, more money and longer cell tower lease periods, which means even more money in the long run.
The good news is that cell tower lease agreements aren’t impossible to understand. And if you work with us, you’re not going to have to worry about how to get the best one. We want to do the hard work for you. At the end, you’ll have a deal that delivers a monthly check for your land. In most cases, you’re not going to need to invest any of your own money.
On this page, we’re going to explain the basics of cellular tower lease negotiations and how to get the best contracts. We also have information on the benefits of working with Wireless Property Listings. At the end of the article, you’re going to understand why so many people are excited about the wireless industry, especially landowners.
Basics of Cell Tower Lease Agreements
First, we’re going to take apart the idea of cellular tower lease agreements so that you understand their complexity. This is one of the reasons many people choose to work with us at Wireless Property Listings – we’ve spent years learning how to negotiate the best cell tower leases for property owners.
Types of Cell Tower Leases
Basically, there are two types of cellular tower leases.
Ground Leases – This lease, as the name suggests, is for a small patch of land to construct a wireless tower. These days, they can be disguised to look like trees, but in general a certain amount of land is needed to put up the tower.
Rooftop Leases – If a cell tower is to be put on a rooftop, it’s going to need to be a different type of tower. Also, local laws may be different for wireless equipment on top of buildings, especially in or near residential areas.
Parts of a Cell Tower Lease Agreement
Here’s a short list of some of the major components of a cell tower lease agreement.
Location – In general, cellular companies look for land for towers that will have as little impact on people and surroundings as possible.
Zoning Approval – The agreement is going to depend a lot on getting local zoning approval to put up the tower on your land.
Redundancy – Most likely, there are other cell towers in your area. The wireless carriers need redundancy, however, which means they still might want one on your land.
Lease Duration – One of the big points of the lease will be the duration. Typically, cell tower leases will be for five, ten, fifteen or even twenty years in rare cases.
Lease Termination – Another thing that will be outlined in the agreement for a cell tower lease is when and how it can be terminated by either party.
Fair market value – Determining the Fair market value of property for a cell tower is where the negotiations for an agreement really begin.
Footprint – This refers to the exact amount of space (land) that the cellular company will need to erect their tower. The size will vary depending on a number of factors.
Collocation – Will other cellular companies be allowed to erect their own towers on the land? This is another important part of any cell tower lease agreement.
Another thing to think about is a cell tower lease buyout. We’ll have another article that goes into that topic in more depth soon. For now, we’re going to show you how to get the best cell tower lease agreement without a lot of work or hassles.
How to Get the Best Cellular Tower Lease Agreement
The simple answer? Work with Wireless Property Listings! Need more? Here’s a list of some of the major reasons you should work with us.
Years of Experience – We’ve been helping landowners with cell tower lease agreements for over five years now. All this experience has enabled us to become quite skilled at getting property owners the best cell tower lease possible. And best of all, we do all of the hard work.
Wireless Networking – With so many years of experience, we’ve been able to build up a mighty fine database of names and contact information at all the major players in the wireless industry. We know who we need to talk to and how to get in touch with them easily to start the ball rolling.
Negotiation Skills – Because we’ve been at this for so many years, we know how to negotiate with the largest cell companies. We work hard to get you the best deal possible. In many cases, we will get you 40% or more than you would be able to get on your own.
Customer Service – Working with us is easy. We don’t hide behind anonymity. We’re available to answer all of your questions so that you can make an informed decision about what to do with your land. Our staff loves to go the extra mile to make sure all of our clients are more than just satisfied when they deal with us.
Want to know more? All you need to do is contact us. Or, if you’re ready to get started right away, you can sign-up and list your property with us. Once you do, we’ll go to work to find you a cell tower lease agreement for you to sign. After you do, you can sit back and enjoy the monthly checks without having to do any extra work.
Sound too good to be true? It’s not. A lot of people have been making solid money month after month by leasing their land for a cellular tower. Are you ready to get off the sidelines and start benefiting from the wireless boom the world is experiencing right now? If you don’t act, your neighbor might.
Imagine how sad you would feel seeing a cell tower on their land, knowing they have a nice residual income stream because they acted faster than you. Don’t make the mistake of waiting too long to act. If you want to get started right away, all you need to do is sign-up and list your property. It’s really that simple. The time to act is NOW!