Perpetual easements

by Richard
(Ohio)

I currently have 45 yrs. left on a 50 year lease with American Tower for which I receive a monthly fee that increases by 10% every five years. They now want to change my lease to a perpetual easement with a 5 to 7 year payment plan with a lump sum payment at the end.

I plan to retire in the next five years at which time I would like to sell my property.

Is this new offer the right way to go in my situation.

Comments for Perpetual easements

Average Rating starstarstarstarstar

Click here to add your own comments

May 27, 2015
Rating
starstarstarstarstar 		split the property?
by: Anonymous

I don't know what state you are in but I am in Washington State, King County. There is a law, not sure of state or county that allows the segregation of the utility (cell site) from the remainder of the property resulting in two separate parcels.

You can keep the leased cell site and sell the remaining land with the house.
Jul 11, 2014
Rating
starstarstarstarstar 		Depends on how long do you plan on living?
by: Anonymous

Boy that's a tough one to answer.

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 American Tower Lease Questions and Answers.

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.

  

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. Book a 30-minute discovery consulting call with Kevin or Steve Today.

Click Here To Schedule A 30-Minute Discovery Call.

  • 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 - Sprint
  • 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


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

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

  1. Click on the HTML link code below.
  2. 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.