Cell tower on a PG&E tower

by George
(Fresno, CA. USA)

Good Morning,

I acquired a open lot which has a PG&E tower upon it. PG&E has an existing easement agreement with the prior owners to attach a AT&T cell unit, and therefore receives 100% of the annual lease payment of $42,000. Since I am the landowner, can I receive any of the payment from AT&T??

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Apr 25, 2015
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by: Tower Genius

When you purchased the property, chances are that the cell site lease agreement assigned over to you and you need to love with whatever the terms of that agreement are. Most likely the property owner got something up front. The owner of the property who sold you the land must have really not thought things over to have given them 100% of the revenue. What were they thinking?

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