Cell Phone Tower Lease
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Reasons Why You Should Not Consent To A Right of First Refusal
Increasingly, with many new mobile phone tower leases, as well as on recent and future amendments to leases that were old, landowners are being asked to consent to a Right of First Refusal or Rental Stream Offer provision. These provisions are readily overlooked by landowners who are more focused on their immediate financial concerns; yet, consenting to a right of first refusal devalues your property as a whole, restricts your future bargaining power, and revokes your freedom of choice when it comes to selling your assets.
Lease optimization companies like Md7, Black Dot Wireless and the Lyle Company are often the things contacting landowners. It's critical to recall that these businesses are not working to optimize your lease! The phone and tower companies pay them to optimize the cell tower lease rates for your tenant at YOUR expense.
A Right of First Refusal or Rental Stream Offer provision works like this: If you wish to sell your property or your right to get rents to a third party, you have to report the offer to your mobile tower renter. Your tenant afterward will have a set amount of time acquire your property or rental stream itself and to match the offer. Wait, what if you're selling your property to an associate of your family at a great deal? Well, regrettably that pleasant deal just went to a multi-billion dollar business.
The reason why tower businesses, like Crown Castle and American Tower, also as communications companies, like AT&T, Verizon and T Mobile, desire you to sign a right of first refusal or rental flow offer is simple: they don't want to negociate against other business specialists.
Communications sector pros, use this info to attain best rental income, and like those at Vertical Consultants, can identify the value of the tower site. Actually, the lease pros at Vertical Consultants, normally, more than triple landowner rents. Other companies seek to optimize their personal gain, while the cell tower lease pros at Vertical Consultants just seek to optimize your rents. Those increases should be yours!
Since the early 2000s, there has been a boom in cellular tower lease acquisition businesses. These acquisition companies approach landowners, hunt for undervalued leases and buy the landowners. It is crucial to understand that your lease is being acquired by these acquisitions businesses in order to produce a profit. The tower and phone businesses view the inclusion of a right to first refusal as the way of battling these acquisitions and therefore reducing the potential for having to negotiate with savvy negotiation specialists.
If a landowner is approached by rental optimization company or a rental acquisition company, or is presented with a right of first refusal clause, the landowner should continue with the greatest caution, or contact Vertical Consultants immediately. All isn't lost for those who have signed a right of first refusal!
The deal does not keep you from working with Vertical Consultants because we don't want to obtain your property or rents, and we will never request that you offer them to us. The specialists at Vertical Consultants can nevertheless negotiate your rents, and, depending on your own individual situation, may be able to have that pesky right of first refusal clause removed or altered. Call us today for more information on the risks of lease acquisitions, rights of first refusal and rental stream offers and for a free consultation.
In 2014, Vertical Consultants averaged an instant 343% increase in rents being received by its clients, and since 2010, has been able to assist its clients in the recovery of over 300 years worth of combined underpaid, and, sometimes, outstanding rents and other expenses that were rightfully due to these property owners located throughout North America.
To learn more about our services, visit http://www.vertical-consultants.com or contact Vertical Consultants at info(at)vertical-consultants(dot)com or 877.456.7552.
Increasingly, with many new mobile phone tower leases, as well as on recent and future amendments to leases that were old, landowners are being asked to consent to a Right of First Refusal or Rental Stream Offer provision. These provisions are readily overlooked by landowners who are more focused on their immediate financial concerns; yet, consenting to a right of first refusal devalues your property as a whole, restricts your future bargaining power, and revokes your freedom of choice when it comes to selling your assets.
Lease optimization companies like Md7, Black Dot Wireless and the Lyle Company are often the things contacting landowners. It's critical to recall that these businesses are not working to optimize your lease! The phone and tower companies pay them to optimize the cell tower lease rates for your tenant at YOUR expense.A Right of First Refusal or Rental Stream Offer provision works like this: If you wish to sell your property or your right to get rents to a third party, you have to report the offer to your mobile tower renter. Your tenant afterward will have a set amount of time acquire your property or rental stream itself and to match the offer. Wait, what if you're selling your property to an associate of your family at a great deal? Well, regrettably that pleasant deal just went to a multi-billion dollar business.
The reason why tower businesses, like Crown Castle and American Tower, also as communications companies, like AT&T, Verizon and T Mobile, desire you to sign a right of first refusal or rental flow offer is simple: they don't want to negociate against other business specialists.
Communications sector pros, use this info to attain best rental income, and like those at Vertical Consultants, can identify the value of the tower site. Actually, the lease pros at Vertical Consultants, normally, more than triple landowner rents. Other companies seek to optimize their personal gain, while the cell tower lease pros at Vertical Consultants just seek to optimize your rents. Those increases should be yours!
Since the early 2000s, there has been a boom in cellular tower lease acquisition businesses. These acquisition companies approach landowners, hunt for undervalued leases and buy the landowners. It is crucial to understand that your lease is being acquired by these acquisitions businesses in order to produce a profit. The tower and phone businesses view the inclusion of a right to first refusal as the way of battling these acquisitions and therefore reducing the potential for having to negotiate with savvy negotiation specialists.
If a landowner is approached by rental optimization company or a rental acquisition company, or is presented with a right of first refusal clause, the landowner should continue with the greatest caution, or contact Vertical Consultants immediately. All isn't lost for those who have signed a right of first refusal!
The deal does not keep you from working with Vertical Consultants because we don't want to obtain your property or rents, and we will never request that you offer them to us. The specialists at Vertical Consultants can nevertheless negotiate your rents, and, depending on your own individual situation, may be able to have that pesky right of first refusal clause removed or altered. Call us today for more information on the risks of lease acquisitions, rights of first refusal and rental stream offers and for a free consultation.
In 2014, Vertical Consultants averaged an instant 343% increase in rents being received by its clients, and since 2010, has been able to assist its clients in the recovery of over 300 years worth of combined underpaid, and, sometimes, outstanding rents and other expenses that were rightfully due to these property owners located throughout North America.
To learn more about our services, visit http://www.vertical-consultants.com or contact Vertical Consultants at info(at)vertical-consultants(dot)com or 877.456.7552.
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