Introduction to cell tower lease agreement:
Here we have tried to answer all the questions that people ask about cell tower lease agreement. In general market, it’s very unlikely that a cellular company directly presents you a contract or engages with your in any agreement; rather, it involves a third party in the lease process that deal with you and that company and acts as bridge between both of you. This way, cellular companies save themselves from a lot of trouble that can happen in future regarding the agreement or any clause in the contract. It’s important that before you enter in any cell tower lease agreement with a telecommunication company that you review all the terms and conditions of the agreement so that there won’t be any surprise for you in the future.
What’s the most common mistake that people make while entering in a cell tower lease agreement?
What is the biggest and most common mistake that people make while signing a lease agreement is a common question, and the answer to it is that when you let your lawyer talk and deal on behalf of you, you make the biggest mistake in the process. If you are going to lease a cell tower, you know this field better than your lawyer and you should be the one who talks to the selling party and negotiate with them.
When a lawyer deals with the seller, the first wrong thing that he does is that he doesn’t know a word about cell towers and their leases. You may think that your lawyer knows more than you and you should let him talk and negotiate with the selling party but the reality is that even when he knows more about agreements, he doesn’t know anything about the cell towers and their operations. He doesn’t know anything about the working and prices of these towers in the market. There are strong chances that if you let your lawyer talk for you, you won’t get a good deal out of a cell tower lease agreement. This is why it’s important that you should talk to the party and let your lawyer stay in the meeting as your consultant.
Another big mistake that the lawyers make that they don’t know about the worth of a cell tower and the market value of the same They also don’t know what should be the perfect lease amount for a cell tower because they can’t estimate the position and condition of a tower and if you have spend enough time in the process, you know better how to verify if you are going to lend a good cell tower and you are also getting it in cheap rates.
What’s the most common mistake that people make while entering in a cell tower lease agreement?
What is the biggest and most common mistake that people make while signing a lease agreement is a common question, and the answer to it is that when you let your lawyer talk and deal on behalf of you, you make the biggest mistake in the process. If you are going to lease a cell tower, you know this field better than your lawyer and you should be the one who talks to the selling party and negotiate with them.
When a lawyer deals with the seller, the first wrong thing that he does is that he doesn’t know a word about cell towers and their leases. You may think that your lawyer knows more than you and you should let him talk and negotiate with the selling party but the reality is that even when he knows more about agreements, he doesn’t know anything about the cell towers and their operations. He doesn’t know anything about the working and prices of these towers in the market. There are strong chances that if you let your lawyer talk for you, you won’t get a good deal out of a cell tower lease agreement. This is why it’s important that you should talk to the party and let your lawyer stay in the meeting as your consultant.
Another big mistake that the lawyers make that they don’t know about the worth of a cell tower and the market value of the same They also don’t know what should be the perfect lease amount for a cell tower because they can’t estimate the position and condition of a tower and if you have spend enough time in the process, you know better how to verify if you are going to lend a good cell tower and you are also getting it in cheap rates.