Early Termination of Lease

The wireless carrier recently renewed lease but now wants to terminate the lease since it merged with another carrier and believes that the site is redundant. The only language in the lease that could arguably allow the tenant to terminate early allows termination where the premises "is no longer technically compatible for its use." We are not aware of any "technical" reason why the site cannot be used by the carrier. Does the tenant have the right to terminate?

Comments for Early Termination of Lease

Average Rating

Click here to add your own comments

May 24, 2014
Rating

Cell tower termination
by: Tower Genius

Just because they renewed the lease doesn't mean that the right hand knows what the left hand is doing. Through acquisition they could have a tower right across the street. One of the costs that cell tower landlords have to count is the one-sidedness of the termination language in the lease.

May 22, 2014
Rating

Right to terminate
by: Anonymous

If your lease has the termination clause that they can terminate (99% do and give you a few months of rent maybe) and you have agreed to it, then the reason is not an issue.

These leases are in a sense unilateral.

This is why on one of mine that I was "forced" to lower rent ten years ago, I renegotiated for no cancellation clauses.

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 Cell Tower Leasing Discussion.

Cell-Tower-Leases.com
Contact Tower Genius

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

First Name*

Last Name*

Email*

Phone*

Cell Site Street Address*

Cell Site City*

Cell Site State*

Type of Lease*

Service Needed*

How Can We Help*

Privacy*

	I am at least 16 years of age.
	I have read and accept the privacy policy.
	I understand that you will use my information to contact me or send me the information I requested.

Please enter the word that you see below.

Cell tower lease agreements Selling Cell Tower Lease Tower lease extensions Cell site upgrades Small cell proposals Lease amendments Tower lease buyout offers Rooftop lease buyout offers Rooftop cell site audits Lease Agreement defaults Cell tower valuations Rent reduction solicitations Lease Optimization Help Lease Revenue Purchase Transactional Coaching		Verizon Wireless AT&T T-Mobile DISH Wireless US Cellular SiriusXM Crown Castle American Tower Atlas Tower Phoenix Tower PTI Vertical Bridge SBA Communications Tillman Infrastructure Lyle Company, Black Dot, Md7 Everest Infrastructure

Share this page:

What’s this?

Facebook Twitter Pinterest Tumblr Reddit WhatsApp

Like this page? Show us some Social Love. Here's how.

Would you prefer to share this page with others by linking to it?

Click on the HTML link code below.
Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.