Breaking a lease

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

Comments for Breaking a lease

Average Rating starstarstarstarstar

Click here to add your own comments

Jul 09, 2015
Rating
starstarstarstarstar
Metro terminating
by: Anonymous

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
starstarstarstarstar
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.

-BF

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  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
  • Lendlease Towers
  • Tillman Infrastructure

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.