The cell tower leasing is a type of property contract which takes place between a telecom company and the property owner where the cell is to be erected. You should note that the telecom giants are always on the lookout to construct their towers, if the tower in on your property then you can make an earning.
The best thing that you should do if you are sitting on a tower site is that you should educate yourself on matters of lows and regulations. You need to understand about the lease when you are approached by a buyer. before you get into this contract, some of the things that you should put in mind are the lease regulations, security measures, and the firm’s authorization carrier.
The other thing that you should note is that you need to be aware of the owners right. It is imperative to make sure that the agreement indicates these rights. Note that this is your land, and the only way that you are letting a cel tower is by agreeing to the terms. When you are renting you have to think about the amount. the area is one of the things that can change the amount. You need to look into the market value of the property as well as the structure. You should understand that the individual place regarding plan can be used to make a significant difference. The one imperative thing that you should note is that when you do you search you are not going to get any information that offers the owner the database to determine the price. The one thing that you should note is that you need to look at the things that have been taking place over time so that you can have a rough idea.
When you are signing the contract, some of the things that you should look into are the time and the commitment. You need to make sure that you have discussed the possibility of renewing the contract after a certain number of years.
Though they are doing leasing of the property, one of the pointers that you should put in mind is that there is a place that they cannot be able to go beyond. At the same time they cannot take an inch of the area that they are designated without seeking permission from the owner.