Here are five tips if you've been approached for a new cell tower lease.
1 Don't rush!! The cell tower companies want you to move really quickly because if you move quickly you're more apt to make mistakes.
2. Don't sign a term sheet they'll present a term sheet that's a summary of terms and try to get you to sign that why because they want you to be bound by those terms not understanding the full scope of the lease.
3. Get a copy of the full leagues understand not only what you're being offered but understand what you're agreeing to and how it's going to impact you and your property for decades in the future.
4. Get a site plan showing not only the area they want to use for the tower but any other areas on the property they need for access utilities Etc
5. Get someone to assist you the cell tower companies have attorneys, consultants, engineers all on their side you need to have someone to assist you we're here to help you understand what your rights are when approached for a cell tower lease.
00:00- Introduction
00:23- 5 Cell Tower Lease Tips
00:30- Don't Rush The Lease
00:35- Cell Tower Lease Term Sheet
00:46- Get A Copy of The Lease
00:57- Cell Tower Site Plan
01:07- Cell Tower Attorneys/Consultants
01:20- Get More Money. Get Vertical
Get More Money. Get A Better Lease. Get Vertical !!!
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