My mother is in a nursing home. She had a stroke last year and is somewhat confused. In 2013 she had an offer from American Tower (I think) to buy her lease. It was amended and goes until 2053. There is no income from this tower.
I have POA for her now and believe that she did not fully understand what was happening. What recourse do we have? Thanks
You should talk to an attorney. See if you can get a letter from a doctor stating that at the time she was not in a mental capacity to sign anything... in my opinion.
I hate it when seniors are taken advantage of. Unfortunately this is not an isolated incident.
If you are reading this blog, and have a parent or loved one with a cell tower lease, make sure they are not taken advantage of by certain predatory dirtbags who work in this industry.
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Steve or Kevin- I have had a cell site with SBA/T-Mobile (~$1500/month & 4% annual increase) for >15 years. At&t wants to co-locate. My SBA lease gives
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