how can I sell my land and keep tower
by Albert
(PA.)
I have a tower on my land. My buyer for the property has agreed to put an endorsenent in the agreement of sale that I will retain ownership of the ground lease and all revenue comes to me. In order for me to later do a buyout it is also agreed at settlement to give me an exclusive perpetual easement on the communications compound footprint. This gives me an interest in the land. American Tower that owns the tower states this does not matter. When they do a buy out or and another carrier it will be with whose name is on the title. They are the true landowners and they have to sign all documents. Can this work?
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