Cell Tower
A cell tower lease generally involves a property owner and a cell phone service provider. While striking a cell tower lease deal, broth of the parties require to enter into an agreement. This agreement allows the owner of the property to lease out a part of the land to the concerned cell phone service providing company for erecting a cell tower. The lease agreement is guided by various terms and conditions. In most of the cases, parties involved get settled for long term agreement of mutual collaboration.
It is generally believed that cell tower lease is a wonderful way to generate monetary benefits. However, it is not possible for anyone who has no landed property to lease out space for erecting the grid. A cell phone service providing company makes sure if the area is feasible for the purpose before entering into the agreement with the landlord. Apart from it, there are several other requirements that are involved in a successful cell tower lease agreement. Let’s explore them.
If you are weighing the option of getting a cell tower lease, you should make sure that you have a landed property at the place that is feasible for erecting a cell tower. No matter you have your property in a rural area or an urban area; you have your chances high in hammering out the lease deal. However, you should see to it that the part of land that you wish to lease out meets zoning requirements and laws.
Once you are convinced that your property fulfills basic leasing out requirements, call the concerned cell phone company and offer your proposal. There are high chances that the cell phone company would pay heed to your proposal as cell phone service providers are always on the look out for options of building cell towers and optimizing coverage.