I bought a piece of property that had been forclosed on by a bank. Then that bank went under and the FDIC took over and sold it to another bank. That is when I bought it. I asked about the tower lease and no one new anything and American Tower would not tell us until we had the deed in hand.
I was told later that they paid a lump sum payment and I had no rights. I have been fighting with them for two years now about this and their lack of keeping the grounds up and worker leaving trash. My bank or any of the other banks signed a subordination clause. As a matter of fact last attorney at closing had title work done and nothing about a lease etc showed up.
Then today I get a call about them wanting to offer me money for a perpetual Lease. There has to be some loop hole that can be found. Any advice?