All You Need to Know Concerning Cell Tower Lease Buyout.
Actually, a cell tower lease is when a wireless carrier or service provider identifies a strategic area where he can build a new cell tower on a private property. After identifying the area, both the carrier company and the property owner agrees to have the tower installed. However, the service provider has to pay the property owner some amount of money either monthly or at the end of every period agreed by both parties as long as the tower remains installed on the asset. This characterizes the ground long-term lease contract.
During the agreement the carrier company commits to pay the property owner a certain amount as a rental fee. The significance of a tower, its location, and its installation type are some of the factors used to determine the cost of its rental or lease fee. On the other … Read More