Early Termination of Lease

The wireless carrier recently renewed lease but now wants to terminate the lease since it merged with another carrier and believes that the site is redundant. The only language in the lease that could arguably allow the tenant to terminate early allows termination where the premises "is no longer technically compatible for its use." We are not aware of any "technical" reason why the site cannot be used by the carrier. Does the tenant have the right to terminate?

Comments for Early Termination of Lease

Average Rating starstarstarstarstar

Click here to add your own comments

May 24, 2014
Rating
starstarstarstar 		Cell tower termination
by: Tower Genius

Just because they renewed the lease doesn't mean that the right hand knows what the left hand is doing. Through acquisition they could have a tower right across the street. One of the costs that cell tower landlords have to count is the one-sidedness of the termination language in the lease.
May 22, 2014
Rating
starstarstarstarstar 		Right to terminate
by: Anonymous

If your lease has the termination clause that they can terminate (99% do and give you a few months of rent maybe) and you have agreed to it, then the reason is not an issue.

These leases are in a sense unilateral.

This is why on one of mine that I was "forced" to lower rent ten years ago, I renegotiated for no cancellation clauses.

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
  • Selling Cell Tower Lease
  • 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
  • Lease Optimization Help
  • Lease Revenue Purchase
  • Transactional Coaching
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Atlas Tower
  • Phoenix Tower PTI
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure

We Would Like To Hear From You.

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.