Own cell tower lease and property is in foreclosure

by Joan

We have a cell tower lease but the physical property is in foreclosure.

Will we lose the lease once it forecloses or do we retain the rights to the lease only?

Comments for Own cell tower lease and property is in foreclosure

Average Rating starstarstarstarstar

Click here to add your own comments

Feb 12, 2015
Mortgage on a commercial struture?
by: Anonymous

What type of a mortgage do you have? Is the cell tower a rooftop that's attached to your house? If so, yes. However, if it is a residential mortgage and the cell tower is a separate struture, then it's illegal to put a residential mortgage on a commercial structure.

Editor's note: Anonymous... the last sentence of your comment looked like it was cut off so we edited it out. If you wish to respond again if full to this question we can re-post and then delete this entry. Thank you for your contribution.

Aug 08, 2011
Please call us to help save your property...
by: Sean (Tower Genius)

Joan, it depends on how your mortgage was written. Please call us.... there might be a way to save the property.

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 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'd Like To Hear From You.

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

Contact Tower Genius

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

Please enter the word that you see below.