I am looking at a property that has been foreclosed on that has a cell tower on it with an upfront paid 25 year lease. Do I just have to accept that there is a tower on my property that I get nothing for or is there a way to renegotiate with the cell tower owner to rework the lease?
Comments for Buying bank owned property with cell tower
We would need to see the specific lease to help you craft a strategy. There may be some terms that could help you get the tower owner back to the negotiating table sooner than the end of the 25 year term. Please give us a call as we need some additional site specific info so we can give you proper advice. Our initial consultation is free.
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