A Few Things that You Should Know About the Rates in Cell Tower Leases
When you are not really familiar with the telecom lingo, then it can be very hard to negotiate such cell tower lease. How can you be sure that the real cell tower rate that you get is of fair market value? There are many lawyers out there who are not quite knowledgeable of the cell tower leasing contracts or they are not able to help you about how to get the most cash from the cellular carriers.
There can be some situations that would come up when you are not familiar with the cell business and its lingo. A cellular company would actually convince you to agree to their terms which may not make you happy. Also, your attorney would push you out of a deal. The cellular company may also proceed in negotiating for a different location.
With these situations, you aren’t getting such fair cell tower lease agreement. Well, what you must understand regarding the cell tower lease rates is that those cell phone providers would rather want you, being the property owner, kept in the dark. You must be aware that the site acquisition contractors would get big bonsues due to the being able to implement that cellular tower lease which is lower than the fair market value. When the terms of the lease are quite in favor with the cell carrier, then the leasing agent would actually obtain bigger bonuses. These agents are paid higher if they would set up leases in which you are paid less.
You must understand that such is a common practice in many fields because of the reason that you live in such capitalist economy. When you wish to get the best rates for the lease, then there are a few things that you have to know.
What most landlords and property owners do is that they would actually ask for a comparative cell tower rate for the location from the cellular site specialists. However, several cellular companies are making use of comparative pricing as well so that they can convince you that you are actually asking for too much.
Due to such, the best thing that you may do is that you should not trust such cell tower leasing contract in a standard legal counsel or lawyers from a particular cellular company. It is actually best that you would get honest and also knowledgeable help from a person who specializes in the cell tower leases. What you should do is that you must have such experienced negotiator about the cell tower rates.