Question about Unison cell tower lease management.
by John
(California)
I have a cell site lease that Unison has been trying to purchase for several years. I was on google searching for a cell tower management company and they popped up in the results and I wanted to ask if anyone reading this can answer for me the following:
1. the internet search results says they are an independent company 2. they are listed as a ".ORG" - so are they non-profit? 3. are they legitimate?
Comments for Question about Unison cell tower lease management.
I'm negotiating a sale to "ABC", of my cell tower lease, The wording on the taxes seems wonky to me. Basically it should be where "ABC" or the existing cell company pays for the taxes relative to their cellular infrastructure, and I pay for the land taxes. Does this wording seem reasonable?
1. Taxes. Site Owner acknowledges that a portion of the purchase price delivered by "ABC" to Site Owner is for and in consideration of the continuing obligation of Site Owner to pay, on or before the due date, all present and future real property taxes, transfer taxes, penalties, interest, roll-back or additional taxes, sales and use taxes, and all other fees and assessments, regardless of the taxing method (the "Taxes") attributable to the Property, this Agreement, and the Easements.Without limiting the foregoing, except to the extent Taxes are the obligation of tenants under the Existing Agreements or of "ABC" pursuant to this Section 6, Site Owner shall be solely responsible for the payment of such Taxes.Within ten (10) days of receiving a request from "ABC", Site Owner shall furnish to "ABC" a copy of each bill for any such Taxes and evidence of Site Owner’s payment of such bill.In the event that Site Owner fails to pay any Taxes when due, "ABC" shall have the right, but not the obligation, to pay such Taxes on behalf of Site Owner.Site Owner shall reimburse "ABC" for the full amount of such Taxes paid by "ABC" on Site Owner’s behalf within five (5) business days of Site Owner’s receipt of an invoice from "ABC"."ABC" shall use commercially reasonable efforts to enforce the tax provisions under the Existing Agreements and shall include and enforce substantially similar tax provisions in any agreements with new Customers."ABC" agrees to pay its proportionate share of any documented increase in real property taxes that are directly attributable to improvements constructed by "ABC" (but not by its Customers). "ABC" shall have the right, at its sole expense, to appeal, challenge, or seek modification of any assessment or billing for Taxes for which it is wholly or partly responsible, and Site Owner shall reasonably cooperate, at "ABC"’s expense, with such appeal or challenge upon "ABC"’s written request.
Feb 12, 2024 Rating
Unison scam me by: Anonymous
Unison toll me that they would bring tenants to tower at 50/50 that’s why I sold to them but they also got me with perpetual easement I need help to go after them.
EDITOR's NOTE: Say what you want about Unison, I seriously doubt they would have told you that they will bring tenants. That is very difficult. They probably said they will TRY to bring tenants. Look at your paperwork. Does it guarantee that they will bring tenants? You should have got some advice before you sold it.
Sep 24, 2017 Rating
Unison by: Miguel
I strongly advise not to cell your tower to unison they screw us good and now going after them in court.
Jan 24, 2012 Rating
Are cell tower leases going to become worthless? by: Stuart
I have heard that cellular antennas and cell towers may become obsolete and be replaced by small boxes or cubes or use satellites. I can understand why people would want to cash out of their leases, but wouldn't that be a bad idea to buy the lease?
Jan 23, 2012 Rating
they are a real company... and a person. by: Rufus Bigelow
Unison is one of the operators in this space. They are legit but if you are considering doing business with them you should also consider their competition.
Editor's Note:
Give Paul a call 212-555-1212 - hopefully you can find Paul in the 411 directory because Tower Genius doesn't allow free advertisements especially from people we don't know.
Jan 21, 2012 Rating
Response to your questions about Unison. by: Tower Genius
Hello John, we don't compete with Unison because we are a different kind of company as we are not in the lease revenue stream purchasing business, so take our opinion with that in mind.
From what we hear from landlords, Unison's m/o is to purchase leases with a perpetual easement and offer property owners a 50/50 split on any new carriers they are able to attract. We have absolutely no idea how successful they are with that program.
With that being said, American Tower Corp. (AMT on the New York Stock Exchange) purchased them for many millions of dollars last year. So we know that ATC builds, owns and manages cell towers, presumably that also qualifies Unison as a bona fide cell site management firm.
Are they independent? Yes. No. Maybe. We have no idea. "What IS the definition of IS" to quote Bill Clinton. Is ATC independent? American Tower Corp builds out entire networks for companies like the carrier named AT&T Wireless, I am sure you have heard of them. So "independent" may be stretching it just a bit, but we really don't know too much more about them.
About the DOT ORG question, we did not see that website, maybe they opened a non-profit help desk to help farmers and the elderly who may not understand the specifics of a cell tower lease? However .ORG's are no longer used by only not for profits so we don't know the answer to that either.
Is Unison legit? Of course they are. We found their You Tube page with actor, Senator and former 2008 Republican Presidential Candidate Fred Thompson, so there is no way a guy like that would put his name next to a company that was not what they say they are. At the end of the day, they are a legitimate firm, they buy and manage cell site leases.
John, my only question is why would you give up 50% of any future revenue? That's a heck of a lot of money, and for what?
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Would like to know my options for a cell tower on mybuilding FORMER HIGH SCHOOL BUILT IN 1913. RENOVATED INTO 37 UNIT APARTMENT BUILDING IN 1995. CENTRALLY
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Would like to know my options for a cell tower on mybuilding FORMER HIGH SCHOOL BUILT IN 1913. RENOVATED INTO 37 UNIT APARTMENT BUILDING IN 1995. CENTRALLY
What Are Cell Tower Lease Rates in 2025? Tower Genius, The Premier Wireless Consultant in America, Has Helped Over Two Thousand Clients Get Great Deals.
Cell Tower Lease Buyouts - The Disturbing Truth About Cell Site Lease Buyouts is Exposed Here. Ask Tower Genius a Question On Our Cell Site Buyout Blog.