When you are looking into the cell tower leasing property, you should understand that this is a type of contract that needs to take place between the telecom company and the owner of the land where the cell is to be erected. The telecom companies are always looking for ways that they can construct the proper and towers, and if it is on your property then you should not expect that you can be able to make some earning.
The best thing that you should do if you are sitting on a tower site is that you should educate yourself on matters of lows and regulations. One of the pointers that you need to understand is that you have to take the time to learn as much as possible about the lease when the buyer approaches you. Some of the things that you have to look into when you are doing the leasing are the study of the terrain in terms of the suitability for the purpose, the local regulations that are governing the property like the safety measures and if the firm is in possession of the authorization from the carrier.
When you are doing this, it is essential for you to make sure that you understand the rights of the owner. You need to make sure that the contract will mention this and that you are not left hanging. The one thing that you should put in mind is that this is your land and you need to coincide with the way the leasing is done. The other point that you need to understand when you are renting the tower is the price. the area is one of the things that can change the amount. The other thing that you should look into is the market value of the land as well as the background of the building. You should understand that the individual place regarding plan can be used to make a significant difference. Ascertaining the rate of the cell tower leasing is indeed a daunting task as there is no information of which the owner can use to decide on the price. It is imperative for you to take the time to look at some of the things that have been happening over time so that you can make the right choice.
One of the pointers that you should note when you are signing the lease is that you need to look at the company and the period. You need to make sure that you have discussed the possibility of renewing the contract after a certain number of years.
The most critical thing is that though the person is doing the leasing at all times, they cannot be able to go to the areas that are beyond their purview. You need to know that they cannot hold an inch of land without talking to the owner.