Understanding the Ins and Outs of Cell Tower Lease and Buyouts
It is just important that you will have to be really specific and aware about cell tower lease and buyouts in order for you to ensure you are getting the most from your investment at the end of the day.
It has been found that telecommunications companies have advanced greatly over the years and cell towers and even rooftop antennas are being made available to cater to wireless services that these carriers have. In order for such towers to be installed accordingly, they will have to be specific about the location and the placement that it has to be leased from the property owner to ensure that everything goes as per the lease agreement. With cell tower lease, both parties involved in the agreement will benefit from each other.
Typically speaking, cell tower lease buyout, or also tailored as a lease prepayment, is the sum of payment that is given to the owner of the property just so the telecommunications carried will be able to place their network on the said property and rent it on a specific basis. The very specific contract that both parties agreed on will be recorded with the local land registry as well. With the cell tower lease rates set and agreed accordingly, having the agreement recorded will give both of the parties their rights to ensure that everything is on track. With the rights being protected accordingly, everyone will be able to ensure that they are protected, regardless if the property owner changes hands or that the network carrier decides to decommission the tower.
If you are going to check and look into such matter, you will see that there are just so many things that could affect the overall outcome of cell tower lease rates but nonetheless, the very location or the placement of the tower is one thing that basically affects the price. Furthermore, there also are other factors that contribute to such changes in rates and this includes the site lease agreement, the time value of money, the specific carrier that will be involved, prevailing interest rates, the value of the property, the rent, and the list just goes on.
It really is very important that both parties will have to be specific about the agreement in order for them to get the most from their goals. What makes this a great thing is that both parties will be able to benefit from such and that it all boils down to how much investment or money one will get from the opposing party. Nonetheless, planning and adequate discussion is vital at the end of the day in order for both parties, which is the telecommunications carrier and the property owner, to get the most from their end.