by adam
(oregon)
I'm going through my due diligence on buying a piece of land to develop and there is a cell tower in the corner. originally, i had no concerns about this since i can develop around it and still provide them access. however, the sellers tell me they sold the rights to the lease... So i wont have any benefits from buying land that has no income. I want to know what legal action i have to either 1) get back the rights to benefit from this on my land or 2) have them remove the tower so i can do something else?
only document they have sent me is a lease agreement between the property owner and Verizon. does say that successors of each party has benefit. are they lying? is this possible to sell a lease to someone that doesn't own the property to collect rent payments on land they don't own? i'm confused....
Thank you,
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