Enter the complicated world of brokery


Renegotiating a Cell Tower Lease- Can It Be Done?

While cell towers actually started beingIf so, then that opens the opportunity to
built in the late 1970's, the boom inrenegotiate. Many times, the wireless
development did not really start untilcompany that owns the tower will be in touch
Congress passed the Telecommunications Act ofway before the lease expires to
1996. Instead of having two wirelessrenegotiate.If the lease does not give the
providers in any one area, customers nowlandowner the right to terminate, then the
found that there were up to eight companieschance of successful renegotiation declines.
with licenses from the FCC to provideThe only basis for renegotiation would be if
Personal Communications Service (PCS) inthe wireless company has breached the lease
their area.Initially, each wireless provideragreement by failing to pay or by violating
built its own towers and rarely collocatedanother clause. It is important to note that
(shared) on the other's towers. This mademost lease require that the landowner notify
for rapid development of communication sitesthe lessee of a breach and they are given the
and towers and a plethora of landowners withopportunity to cure it. The most common
cell towers on their property. As you canreasons for breach in a cell tower lease
imagine, many landowners had little to baseinclude failure to pay rent, failure to get
the lease negotiations on and signedapproval to sublet the site to another
agreements that were substandard incompany, failure to get consent to an
comparison to today's lease rates.Today, withassignment of the tower, and failure to
the advent of much information (ormaintain the site location as required. If
misinformation) on the internet, those sameyou believe that the tower owner has breached
landowners are learning that the deal theythe lease, seek legal counsel and make sure
signed might not be a good one. As theto notify the tower owner promptly.In the
standard cell tower lease is a 25 year leaseevent that you decide that a lease can be
with termination rights only vested in therenegotiated, it is best to hire a consultant
lessee (cellular carrier), the landownersor attorney with experience with in
often wonder if they can get out of the leasenegotiating wireless leases and whom is
or renegotiate it.The answer to this questionfamiliar with what fair market rates are for
is not an easy one and resides in the cellcommunication tower and cell site leases. If
tower lease document. Fortunately for someyou determine that the lease cannot be
landowners, the lease agreements signed inrenegotiated, then just sit back and continue
the early days after 1996 were not asto receive your "mailbox money".Ken Schmidt
advanced as those of today. Many leaseis the owner of Steel in the Air, a cell
agreements were only for 10 years andtower consulting firm. Steel in the Air
landowners with those types of agreements mayprovides expert consultations on cell tower
now have the ability to reneogtiate for avaluation, cell tower lease negotiations,
better deal.The key here is that the leaselease renegotiations and lease buyouts. Ken
agreement must state that the landowner hashas been quoted on cell towers in the NY
the right to terminate as well as the lessee.Times and numerous other publications.



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