I'm purchasing a property where the owner cashed out his lease. The lease ends in 12 years. What is the likely hood they will renew the lease with me. Thanks Denny
Did they sign a perpetual easement? by: Tower Genius
You should see a Memorandum filed among the property records. Most telecom lease investors who buy these easements pay landowners and secure a perpetual easement on the land. That is why you won't be able to negotiate in 12 years.
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