Each year, there are more cell towers added around the country. With each added tower, there will be a cell tower lease contract that a landowner enters into. In 2023, along with many new leases being offered, others will also be getting renewal and buyout opportunities. Before entering into any buyout contract, landowners must take the time to determine if they are getting the best possible deal.
“Unless you have an in-depth understanding of cell tower lease buyouts, then you should have an expert review it,” explains David Espinosa, president of TowerLeases.com. “Without taking that step, there is a good chance that the phone company is getting the better deal. They know how to negotiate in their favor.”
Espinosa has helped countless landowners with their cell tower lease buyouts. In doing so, he offers a free 30-minute phone consultation where he will evaluate the terms of the contract, to help determine if it’s fair. He often finds that the arrangements have been created in favor of the phone companies because they realize that landowners need to be better versed in the industry. His work has helped many people avoid being taken advantage of in the industry by allowing them to negotiate fair contracts with higher monetary benefits.
Numerous things need to be considered when determining a fair lease and buyout rate; not everyone will have the same rate. It’s important to consider such things as the bylaws of the area, land values, the contract terms, impact fees, etc. Only once all the factors have been considered can a fair lease rate be determined, which he helps landowners do.
“One of the most common mistakes I see is landowners trying to negotiate their cell tower lease,” added Espinosa. “If that happens, there is a good chance you are not getting paid what you should. They know you are not familiar with the industry, and they will keep the contract in their best interest.”
Espinosa has helped countless clients over the last 15 years. As a cell tower lease expert, he has helped many people negotiate better lease rates and terms and guided them with buyouts and contract renewals. He has helped with contracts through various providers, including Crown Castle, Verizon, and ATT. To schedule a free 30-minute lease buyout consultation, call 404-644-6446 or visit the site at: TowerLeases.com
TowerLeases.com, based in Atlanta, provides lease consultation and negotiation services for the whole country. Their services include providing lease analysis to determine if the landowner is being offered a fair deal, providing crucial consulting guidance, and helping to negotiate leases on behalf of landowners. They offer a free initial telephone consultation to determine if working together is a good fit. To learn more about the company or schedule a free consultation, visit their site at www.TowerLeases.com.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Cognizance Buzz journalist was involved in the writing and production of this article.