How much compensation is fair and for how long?

by Susan
(Glen Allen, VA)

Verizon wants to put cell equipment on top of a power pole recently removed, enlarged and relocated on my property. They are offering a one-time payment of $1000 for 25 years. How do I know this is fair? I was not compensated for the removal, replacement, relocation of the existing power pole which when done, caused a sewer back up in my home due to the fact they hit the sewer line while digging for the new pole. I lost personal property and my family was displaced for two days during the cleanup. It cost me $10K. What is the going rate for something like this?

Comments for How much compensation is fair and for how long?

Average Rating starstarstarstarstar

Click here to add your own comments

Jan 05, 2017
Rating
starstarstarstarstar 		Ouch
by: Stephen

Susan that is a horrible deal. First of all whatever is negotiated you need to be made whole for your trouble and they need to pay that amount of a minimum of $10K in a signing bonus. If your property is being used they they need to have a lease. Not a one payment of next to nothing. I'd like to take a closer look at exactly what they are proposing here and get more details.

Please call us.

Tower Genius
888-313-9750

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 Verizon Lease Agreement Questions.

Tower Genius is USA's Premier Cell Tower Lease Coaching and Consulting Firm. Find out how we help landlords and property owners in the USA maximize cell site lease values and get the best possible terms. Call Kevin or Steve Today:

1-888-313-9750

  • 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
  • DISH Wireless
  • 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'd Like To Hear From You.

(We value your privacy. Your information will never be shared with any third party.)

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.