by Tyler Durden
(NYC)
Beware of an apparently deceptive tactic that appears to be currently in use by Crown Castle likely by its cell tower Strategic Relocation Group.
Recently a property owner, let's call him "Mr. Johnson" was presented a document to sign.
The document was named "Entry and Testing Agreement".
This is a type of document that is used by cell tower developers to gain access to a site in order to evaluate it and see if it is viable for cell tower development. E&T's do not contain financial terms.
But... Instead of being an Entry and Testing Agreement, this agreement turns out to be a 100 year term sheet, essentially a large pile of horse manure wrapped in a cell tower.
People. Read everything before you sign it.
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