Faq: Your New Cell Tower Lease Site Agreement
There are a few different vertical real estate asset management professionals that have the job of helping in cell tower lease site discussions
. They sort of act as liasons between both parties involved, meaning the land owners and also the cell phone tower companies. Cell phone companies contact land owners about leasing part of their lands to have a cell tower put up on them, and they often also contact them to re negotiate as well. This is because as time goes on, the demands that are placed on these companies to keep up with competition are constantly changing.
When a cell phone company finds a location that would be a prime place for a tower, they will need to get the permission from the person who owns that land and enter into a contract to pay that land owner to use it. Although it may sound easy, there are many complicated stipulations that are involved in making a situation as beneficial as possible for both the cell phone company and for the land owner.
It is critical to the success of these negotiations that whatever company it is that is hired to be a liason acts towards the benefit of both parties involved, not just one or the other. Finding a balance between the wireless carriers needing to maximize operating efficiency and the land owners wanting to maximize their rent payments can be a challenge. Only the best companies are going to be able to make it happen. Be sure that you are working with a company that has tons of experience in the business and that they know everything there is to know about the industry, inside and out. They need to be able to ensure good relationships with land owners by offering them security, education and trust.
When there are millions of dollars at stake passing from cell phone companies to land owners across the United States every year, real estate asset management companies are responsible for helping to make sure that benefits are maxed out for both the land owner and the wireless company. Their programs provide financial security to land owners with guarantees of all values. Although volatility of cell site leasing is at its peak, they provide the means to secure the value of the cell tower site lease. Land owners are able to secure these funds and use lease prepayments for all kinds of personal needs, whether it be to finance business enterprises, pay bills or to save for retirement. For more information about a cell tower lease site and real estate asset management companies, be sure to do your due diligence on the Internet.
by: Remus Lupin
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