Contracts in NC

by Sue
(NC)

Lets say that there is 200 acres with a 10000 sq ft fenced in area with a tower that 3 people sign a 25yr lease on, 2 of those people die. 1/3 of the check is split between the daughters of one and the other 1/3 is split between the daughters and the other person. The land was also split. The other person on the contract has sold any other land they had on this farm and the tower happens to sit on the land of one of the daughters, who has since taken the third person off the contract so that she can collect the whole check. Her reason is that because this person doesn't own any of the farm anymore she shouldn't receive anything off the tower check. Wouldn't this be a binding contract for the duration of the lease? How can she do that?

Comments for Contracts in NC

Average Rating

Click here to add your own comments

Feb 16, 2013
Rating

Uh.. um...
by: Tower Genius

Like sands in the hourglass, so are the cell towers of our lives.

Sometimes these family deals can get pretty sticky.

Please call us.

Tower Genius
888-313-9750

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Leasing Discussion.

Cell-Tower-Leases.com
Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.

First Name*

Last Name*

Email*

Phone*

Cell Site Street Address*

Cell Site City*

Cell Site State*

Type of Lease*

Service Needed*

How Can We Help*

Privacy*

	I am at least 16 years of age.
	I have read and accept the privacy policy.
	I understand that you will use my information to contact me or send me the information I requested.

Please enter the word that you see below.

Cell tower lease agreements Selling Cell Tower Lease Tower lease extensions Cell site upgrades Small cell proposals Lease amendments Tower lease buyout offers Rooftop lease buyout offers Rooftop cell site audits Lease Agreement defaults Cell tower valuations Rent reduction solicitations Lease Optimization Help Lease Revenue Purchase Transactional Coaching		Verizon Wireless AT&T T-Mobile DISH Wireless US Cellular SiriusXM Crown Castle American Tower Atlas Tower Phoenix Tower PTI Vertical Bridge SBA Communications Tillman Infrastructure Lyle Company, Black Dot, Md7 Everest Infrastructure

Share this page:

What’s this?

Facebook X Pinterest Tumblr Reddit WhatsApp

Like this page? Show us some Social Love. Here's how.

Would you prefer to share this page with others by linking to it?

Click on the HTML link code below.
Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.