More and more condominium and homeowner associations are being contacted by cell tower companies to house telecommunications equipment on their rooftops. These associations have board members who are responsible for reviewing the proposed agreement to make sure it is fair and beneficial to the association. Not only must they accurately review the proposal for a market rental rate, but they must be aware of any potential negative impact the cell tower site may have on the residents and the property itself.
This responsibility can be overwhelming and confusing, which is why it is very important to seek an expert in the cell tower lease industry to assist throughout the tedious negotiation process. Vertical Consultants has and continues to assist and represent all types of building owners, commercial and residential, in not only optimizing the value of their cell tower leases, but making sure they do not enter into agreements that could be harmful for them now and into the future.