A Brief On Cell Tower Lease
A cell tower lease is essentially an arrangement between two parties – a landowner who owns open space for the placement of cell phone towers and a mobile phone service provider. Cell tower leases are pretty much the same everywhere.
In most instances, these leases will be fairly standard, covering years and generally having a fixed number of mile usage limits. Depending on how the landowner chose to arrange their cellular services, they may also have the option of additional months to extend the lease. These leases often come with the option of purchasing at any time, giving the cellular property owner the opportunity to recoup their investment faster than if they decide to sell the property.
You can contact a cell tower leasing broker who can help you with these contracts and find you a suitable lease that would benefit you in the long term.