we have inhered a tower which at first was owed by att then Verizon now american tower is the land lord and is pushing to sign a new contract. our contract does not end till 2025 i think. we have just taken possession of the property since my mother passing in November 2013. they have made offers as buying us out to continue as is with a 20000.00 offer if we sign we get 532.00 a month don't know what to do.
Binded by contract on Inherited tower by: Anonymous
My parents signed a 50yr buyout with crown castle in 2016. They have both passed and I inherited the property and tower this year. I am being told that I am binded by the contract my parents signed and they will not renegotiate! Is there a loophole for this because they took advantage of my parents.
Jun 29, 2017 Rating
We can help you. by: Stephen
Not surprising that they are pursuing you with high pressure sales tactics. Let's discuss your options and make sure that you understand what it is that you have, what the value is in the future if you keep it, and what the advantages or pitfalls are if you sell now. I'm sure that we can answer all of your questions.
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