lease buyout

by Dave
(wv)

Got screwed on a lease. 50 year lease.....4600 a year to start goes up 15% every 5 years.

They want to "buy out" a fraction of what the total cost would be over the 50 years.

They took advantage of an elderly man.

Any advice?

Comments for lease buyout

Average Rating starstarstarstarstar

Click here to add your own comments

Aug 11, 2014
Rating
starstarstarstarstar
Who was that???
by: Anonymous

That sucks. But that is what happens. Today there are places like Tower Genius. When I was contacted in 1988, these guys or anyone like them were not available.

I lost out too. But the lease is up in less that 3 years. My turn will come.

Sorry to hear it. Piss them off and don't ever sell.

Aug 11, 2014
Rating
starstarstarstarstar
Well, you can't shoot them legally.
by: Steve with Tower Genius

Sorry to hear that. I wished you had called prior to taking that deal.

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.

Find out from Tower Genius how we help landlords and property owners in the USA and Canada 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
  • Rogers
  • Telus
  • Bell Mobility

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.