Cell Tower Ground Lease – A Contract For Cell Tower Rentals

Cell Tower Ground Lease is a standard agreement between a landowner and a cell tower company. A lease is a contract that stipulated all the details that would be binding to both parties once they agree to its provision. The cell tower company goes for such a ground lease option as they want to set up cell towers at different locations.

It is more affordable for the cell tower companies to go for rental options than to buy property to set up towers. The landowners, too, prefer to get a steady flow of income in the shape of rental that comes from the cell tower companies. Usually, there are agents or cell tower lease brokers who form these contracts for both parties. The tenure of these leases can be anywhere from one to five years with certain rights given to the company against the rents for the property.