Common lease issues: 3 challenges with site descriptions

Rob Turner Leases Leave a Comment

A common issue with cellular leases is a poor description of the cell site on your rooftop or property.  In many cases the lease exhibits are so hastily created that they are hand-drawn approximate locations of the cell tower on a tax parcel print out. Why is a poor site description of concern to you?  Ambiguity means uncertainty and, potentially, …

What is an ‘Exhibit’ to a Cell Site Lease Agreement?

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A critical part of any tower or rooftop lease are the exhibits. What is an exhibit? An exhibit is an attachment to the end of the lease that includes additional detail and information about the terms of your cell site lease. 4 Common examples of information contained on exhibits include: 1) Description of the ‘leased premises;’ 2) Description of your …

Revenue Share as a Additional Rent – what is this?

Rob Turner Rent Leave a Comment

In our recent blog on cell tower base rent, we reviewed rent for a cell site lease agreement. There is another form of rent that is generally available to you in a cell site lease agreement.  This type of rent is often referred to as “revenue share” or “colocation revenue.”  If your lease includes revenue share, the tower company pays …

Cell Tower Rent – what is it, and how does it work?

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Rent is one of – if not ‘the’ – most important factors in a lease.  Without your agreement on the rent, there will not be a lease. “Rent” is the money a tenant pays the landlord.  Rent is paid by the tenant for the privilege of using the landlord’s property. This key lease term is essential for you to negotiate …

Why do I need my cell tower lease reviewed?

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Why should you engage an adviser to assist you with your cell tower lease negotiation? The answer is simple from my experience: without a trained communications attorney assisting you, there is almost always something missed in the cell tower lease. Examples of issues that may be missed in the cell tower lease include: Are you a property developer that needs …

I want a cell tower!

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The extra income seems great…I want a cell tower on my property! How do I make this happen? This question is not easily answered by property owners. In fact, with few exceptions, site location is driven entirely by the needs of the communications carriers and their forecasted customer needs in the towns and cities where the towers may be located. …