Embracing Computers and Technology

Posted on: 10 October 2022

If you're talking to a telecommunications company about putting a cell tower on your land, then you should consider hiring a leasing consultant before you sign a contract. What can a consultant do for you?

1. Get the Best Price

Telecommunications companies pay landowners to lease land for their cell towers. If you have unused land, then this can be a good way to earn extra money without any extra work. So, you might see this as an attractive proposition.

However, if you negotiate a deal yourself, then you might not get the best lease rates. You'll make some money but maybe not as much as you could make.

If you've never set up this kind of deal before, then you might not know how much you should get for the lease. You might accept the first offer you get.

An experienced lease consultant understands this market. They know that telecommunications companies often make low first offers in the hope of reducing their costs. They also know the market rates for cell tower leases.

So, a consultant can help you get the best possible deal. They will negotiate with the telecommunications company on your behalf. They won't let you be lowballed.

2. Get the Right Lease Conditions

Cell tower lease conditions can be complex. You might not have come across these conditions before, and you might not know what should or shouldn't go in your contract.

If your contract's terms don't look out for your interests, then you don't get a good deal. However, you can ensure that your contract meets your needs by using a consultant.

Consultants understand these contracts. They will ensure that you don't sign anything that will negatively affect your interests.

For example, they'll make sure that your contract includes maintenance and accident liability clauses so that you're never left out of pocket if something goes wrong with a tower. They'll prevent the telecommunications company from negatively affecting any future development plans you might have for your land.

3. Get Expert Representation During the Contract

While most cell tower leases go smoothly, they do sometimes run into problems. If you have a dispute with the tower's owner, then you might have to go through a legal process to resolve the problem.

Here, you'll be one person against a large company with a lot of legal experience and resources. If you hire a consultant, then you get extra expert help and advice to work through this difficult period.

To get started, contact cell tower lease consultants in your area and talk to them about your potential deal.