looking at a vacant lot with a tower on it (castle). current owner was told by realtor he would get rent from them but then castle said no, they own it, etc. he couldn't get anywhere with them, as far as proof/documentation that that was true. how do the leases work when it comes to land ownership changing and/or how would I go about finding out the terms. thanks
Comments for transfer of land ownership and tower lease
Did owner sell a perpetual easement and take a lump sum payment in exchange. Sounds like you might be buying property with a cell tower that will not be paying you rent.
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Our church has been approached by a company who wants to put a cell tower on our property. They first offered $1,000 per month with a 2% annual escalator
I own property that the cell tower company has to cross to access their proposed site. Are they entitled to legal use of the specific easement. Also our