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By Steve Kazella, Partner at Tower Genius. Congratulations. You've just found the best cell tower lease consultants on the planet. We're not kidding. Forget about "best cell tower consultants near me..." in 2024 with the internet we can be on a zoom call with you in 5 minutes in your kitchen if you are in Alaska, Hawaii, California, Maine, Texas or Florida. We want to talk to you to save you from the other guys pretending to be cell tower experts. Funny, we've noticed that a handful of so-called cell phone tower lease experts have popped up with websites that sound a lot like ours. Heck, we've even been flattered by some of them copying our website content word for word, and even using a derivative of our name and trademarking it. Then there are some cell tower lease consultants who think you must be as dumb as a box of rocks when they talk to you, and there are some who think the attractive brunette in their videos or paid press releases will impress you. Remember, many of the cell tower consultants claiming to be lease experts are mainly interested in purchasing your lease, and adding no additional value whatsoever, nothing else.
When negotiating a cell tower lease agreement, regardless of who the carrier or tower management company is, there are several items that you MUST pay very close attention to. You can be 100% certain that the carrier or cell tower company representative is not going to offer you any assistance or steer you in the right direction. Although they may be very polite and friendly, and they may even return your call all the time, they don't work for you and they are definitely not on your side. So, what details do you need to pay close attention to in your cellular antenna lease negotiations? Please keep reading and we will give you a taste of the few items you need to pay attention to when negotiating a cell tower lease agreement.
When a cell tower landlord hires Tower Genius as their cell tower lease consultants, we typically suggest anywhere from one to two dozen changes to your telecommunications lease during our consultation, depending on how bad the lease is written. These wireless telecommunication lease contracts are grossly one-sided and not in your favor but in the Lessee's or Tenant's favor. This is done because they are going to place a million-dollar installation on your property and want to protect their interests.
For reference purposes only we've linked to one of the few available sites where you can view an actual online PDF cell tower lease example. (Please note that this is not a lease that our cell tower lease consultants negotiated or are associated with. It is merely a useful reference tool for individuals seeking to see what cell tower lease agreements look like.)
At Tower Genius our cell tower lease consultants always guide you regarding the type of language that you need to have in your cell tower leases to protect regarding ground space subletting rights, and to maximize your revenue. Even small oversights in subletting language can cost you hundreds of thousands of dollars over the lifetime of a cell tower contract.
Subletting or sub leasing language is going to be different if you have a rooftop cellular antenna installation or if you have a tower being built on raw land. There needs to be language that pertains to subletting pole or tower space and language that pertains to the ground.
We typically recommend making a dozen to two dozen changes on any given lease or lease amendment with Verizon Wireless, DISH, AT&T, T-Mobile, US Cellular, SBA Communications, Crown Castle or American Tower simply because the leases are so one-sided in their favor.
Here's another important thing to look for. Owners need to watch the tax language closely. How can you make sure that the tax language within the cell tower lease isn't going to cause the tax collector to give you an ulcer? How can you make sure that carriers pick up the tab for increases in taxes due to the telecommunications improvements? We could write a list of a dozen items that even top-notch real estate attorneys overlook on a regular basis on cellular phone tower lease agreements, but we don’t want to do their jobs for them.
Remember, wireless carriers will only select your site if it’s feasible for development from a number of perspectives, including zoning, line of site and visual impact. Often, the site leasing consultant will try to play hardball with the owner when negotiating a cell tower lease and essentially give them a “take it or leave it” offer. Frequently they will play one site off of another, essentially telling you that “Bob” down the street has a site just as good, and that if you don’t accept his offer for $1,200 per month he will simply sign a lease with the other owner. If you need a real “pit bull” on your side, not just some attorney who will bill you by the hour to review your cell tower lease agreement, we can intervene on your behalf to maximize your revenue and make sure you keep the deal.
Just a suggestion of course... We at Tower Genius are NOT cell tower attorneys. However, we are cell tower lease consultants and transactional coaches who can review your agreement and help you to negotiate your wireless lease. We deal with carrier attorneys and client attorneys on a daily basis and have been involved with overseeing thousands of cell site negotiations throughout our careers. One thing we can attest to. Just because somebody has a law degree, it doesn't mean they know the first thing about wireless lease agreements. Do you want to hire somebody who has seen less than a handful of these deals in their lifetime? Wouldn't you want a consultant that is a cell tower lease expert who has seen thousands of them? Look.... If you need legal advice, this is not the place to get it. Then you need to speak to an attorney. We’re just shedding some light on how you need to be street-smart when it comes to dealing with telecom leases ☺. If you have a toothache, would you go to an eye doctor? Why should a cell tower lease be any different?
There are usually more than a dozen significant changes that need to made on the average cell site lease we touch. We can level the playing field between you and the carriers when you're negotiating your cell site lease agreement and help maximize your revenue from the carriers. Ask us a question on our cell tower blog down below. Or please contact one of our cell tower lease consultants for assistance.
Do you have a question about a cell tower or cell site lease? We know that thousands of you visit this site every week seeking information. Fire away!
Click below to see contributions from other visitors to this page...
Tower Genius - Fee Collection
If I decide to hire your company to represent me for a lease, how would you determine and collect your fee?
selling property, but the contract gives Tillman right of refusal for 90 days.
How do we contact someone from Tillman to allow us to sell the property that we have a signed contract with Tillman?
In the contract, we are required …
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How do I know the value of our current cell tower lease that we are currently negotiating for renewal? It is on a 10-story building in a fast-growing market …
Land lease up for renewal in 2018.
Our contract is up for renewal in 2018. We have been contacted by Bell Mobility and advised that we will be receiving the same amount for the new contract. …
I am needing help with a lease
Verizon has sent me a preliminary copy of lease for tower but I need some help to know if I am getting the most out of it and how well I am protected. …
value of our cell site?
I was wondering if there is a way to find out the value of our cell tower site. We are in the process of Amending our lease. I believe they are being …
subletting
What percent should I ask for if carrier sub leases?
lease re-negotiation
I have a 12 year old, 150′, mono pole tower on my land. American tower bought the tower about 3 years ago from GTP. There are 5 carriers on the tower, …
I have a cell tower on my property.
I have a cell tower on my property. When the lease came to near the end...I was bombarded with great offers. I almost signed, but did not like the terms …
Am I getting a fair value for my land in leasing to Verizon ?
I am in the final stages of signing with Verizon on a 25 year lease to put a tower on my property in Orange, Texas.
It is in a very good area I believe, …
Lease renewal
When given a proposal for a lease renewal, what is the best approach to take? Especially when a tower 5 miles down the road is getting 3 times as much …
Who is Black Dot
We currently have a lease agreement originated with AT&T many years ago.
Representatives from "Black Dot" wireless keep contacting us. Do they work …
signed ground lease agreement with father (Now deceased No Will)
Grassy Branch/pittman center TN. I signed us cellular ground lease agreement/lease with my father, since then he's deceased without a Will. How do I claim …
Not all companies calling themselves Cell Tower Advisors are Cell Tower Lease Experts
Tower Genius has been providing a very specific kind of consulting service within the cell tower industry since 2008 as experts and advisors to cell tower …
Selling your lease
I get asked all the time do I want to sell my lease. The cash value keeps going up. And I was told I could do a 1031 exchange.
free cell phone
Would it be possible to receive a free cell and service since your tower is on my property? We used to get free service and phones years ago but i believe …
selling tower lease
I have a tower on my land, I get letters offering to buy my lease. What is in this? I need to know how this works and how they are to make money because …
New Cell Tower
I recently took control of a piece of property that has a cell tower on site.
Is it possible to build an additional tower on the site to bring in new …
Lease available at county auction
There's a "Cell tower lease" available at a county auction near me. I know the building it's on, and the wireless company name, but that's all.
I'm …
cable tv internet tower Not rated yet
I bought a piece of land that has a tower on it, it has been used for cable tv about 20 years ago and wireless internet since, can I lease this thing out …
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