What You Need To Consider Before Agreeing To Cell Phone Tower Leasing
Cell phone tower leasing has been there for a very long time. You will find that landowners tend to lease their lands to companies which put up the cell phone towers. It is a very lucrative business and if such an opportunity should come up, you ought to take it. There are some things that you should consider before you agree to this type of leasing. This article is going to discuss such elements.
It is wise that you hire a lawyer to guide you through this process. Make sure you get someone who has been through such an experience before so that they can advise you on the best actions to take. It is recommended that you give your lawyer any documents that need your signature before you sign them. They should read them and make sure that your interest is taken care of. Your lawyer will be able to understand the terms used in such contracts better than you that is why you should invest in hiring one. Hire a veteran lawyer and not a new bee in the industry. You will be much happier with the results,read more here!
Do not accept the first offer from the company which is interested in the leasing. Make sure you bargain on the monthly stipend by involving your lawyer to the negotiation process. This is a good idea especially if you do not have an understanding when it comes to the negotiation process. Lawyers are trained and have experience in such process and will guarantee you a good deal. If you go into such talks alone, you might end up getting confused by the other lawyers who are representing the company which wants to lease the land. Always make moves that will give you an upper hand to make sure you end up happy. Click to view here!
It is wise that you consider the period of the lease. It is not a good idea to lease your land for a very long time because you will end up losing out in the end. Make sure you give them a short period of the lease so that you can be able to raise the amount as the years go by. You will find that the cost of living goes high as the years pass and set a fixed amount for the lease over a lengthy period, is not a good idea. For more facts and information about cell phone tower leasing, go to https://www.youtube.com/watch?v=DG7r0cqNRUQ.