Buy out of a so called inactive tower

by Sherry
(Norwood, GA.)

They have approached us about buying out our lease because it's inactive,they want a purpetual easement. If inactive why buy us out? We feel they aren't being honest with us. We have been getting 529.00 a month for five years and up for our 15 year renewal and they are threatening not to renew us. Are they being honest or is something coming down the tubes in the next few years. They offered 60,00 buyout. My husband and I don't feel like they are being truthful with us. We need your advice.

Comments for Buy out of a so called inactive tower

Average Rating starstarstarstarstar

Click here to add your own comments

May 24, 2014
Rating
starstarstarstar
Honestly...
by: Tower Genius

They are hoping that you take the big carrot they are dangling in front of you.

Let's take a look at the tower location to determine what they are doing any why.

Tower Genius
888-313-9750

May 01, 2014
Rating
starstarstarstarstar
inactive site, but rents paid.
by: Anonymous

Inactive does not mean it has no value, or that it cannot become active. Your rent shows that.

The tower companies use some of the most deceptive methods to lower rents and escalators, push a "buy out" threaten to cancel or not renew.

Yet!!!!, They want to pay you 60k for your position.

Why? My guess, they will charge whoever sends you money right now.

This is why I would contact Tower Genius and find out why you are getting rent for an inactive location.

You need to give specifics on who is involved.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to American Tower Lease Questions and Answers.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyouts offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge

Cell-Tower-Leases.com
Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.