Rent reduction?? or Buy out American Tower md7

by Ann

American Tower has sent a letter (to us, the landlord) stating our site has been identified as a "Modification Necessary" site where changes have been identified that are necessary to maintain tenancy.

Talked with MD7 consultant with American tower, he stated we have two options:
1. Rent reduction
2. Buyout

American Tower is stating if we choose not to participate in this program this site will be reviewed for alternate strategies including but not limited to potential relocation and/per termination of the site if permitted under the Lease.

Anybody else received this letter??

Comments for Rent reduction?? or Buy out American Tower md7

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Jun 21, 2020
ATC mitigation program
by: Anonymous

Yes received same instructions from md7. Will not reduce my lease. I said American tower can return the lease to Verizon and they can decide what to do.

Jul 13, 2019
Md7 letter
by: Tower Genius


Option 3...

Do nothing and tell them to stop harassing you. If they want to terminate your site they should send your official notice of termination.

Please give us a call so we can give you some feedback.

Tower Genius

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