Lease buyout

by Josh
(Stockport, OH)

Hello, my in-laws are not tech or lease savvy. They have a Verizon tower leased at what I consider horrible terms. It is in year seven of a twenty year term that paid $20,000 up front and $10,000 at the twentieth year. It is very rural but the tower has been built and operational for many years. Someone from American Tower called them and offered to buy out the rights to the lease for $20,000 lump sum. I am astonished that they only get $85/month for this eyesore currently and don't want them to get ripped off again. They have asked me what they should do. I think there must be a reason they want those rights. Is there anything I should look for? I am going to look over the current contract and compare it with the proposed one.

Comments for Lease buyout

Average Rating

Click here to add your own comments

Jul 15, 2016
Rating

What the heck. Do Not sell it.
by: Stephen

Let's take a closer look at that tower and and the lease. DO NOT (yes I am yelling) SELL IT.

Talk to us first, you may be able to renegotiate but regardless let someone with an industry expertise take a look first.

Thanks,
Steve
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 Cell Tower Lease Rates.

Cell-Tower-Leases.com
Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.

First Name*

Last Name*

Email*

Phone*

Cell Site Street Address*

Cell Site City*

Cell Site State*

Type of Lease*

Service Needed*

How Can We Help*

Privacy*

	I am at least 16 years of age.
	I have read and accept the privacy policy.
	I understand that you will use my information to contact me or send me the information I requested.

Please enter the word that you see below.

Cell tower lease agreements Selling Cell Tower Lease Tower lease extensions Cell site upgrades Small cell proposals Lease amendments Tower lease buyout 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 DISH Wireless US Cellular SiriusXM Crown Castle American Tower Atlas Tower Phoenix Tower PTI Vertical Bridge SBA Communications Tillman Infrastructure Lyle Company, Black Dot, Md7 Everest Infrastructure

Share this page:

What’s this?

Facebook Twitter Pinterest Tumblr Reddit WhatsApp

Like this page? Show us some Social Love. Here's how.

Would you prefer to share this page with others by linking to it?

Click on the HTML link code below.
Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.