We have had a contract with Metro PCS for 6 years with 4 years left on the lease. They are now being bought out by T Mobile and want to break the lease. We see nowhere in the contract where this is allowed. Please advise and thank you. Thank you, Dave R
Further to the last posters comments, also check your lease for terminating timeframes. Normally 180 days written notice is required in my state.
Jun 15, 2015 Rating
Breaking a Lease by: Anonymous
TMO and Metro have been consolidating their technology because of the merger. This unfortunately impacts many of the sites that Metro has installed. You should check the termination language which is usually shown in section 13(iv) of your lease agreement. This section usually states that the Lessee can terminate if they determine that the premises are not appropriate for its operations for economic, environmental or technological reasons. I have never seen language that does not protect the Lessee in this manner. I regret to inform you that given the circumstances, they are allowed to do this. I recommend taking a look at the termination language to see if they are obligated to provide specific timelines/fees. Also, you may have certain obligations under this language as well.
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.
Do Not Get Burned On Cell Tower Leases in 2023, Tower Genius, The Premier Wireless Consultant in America, Has Helped Hundreds Of Landlords Get Great Deals.
How to locate nearby cell towers near me.
Do Not Get Burned On Cell Tower Leases in 2023, Tower Genius, The Premier Wireless Consultant in America, Has Helped Hundreds Of Landlords Get Great Deals.