Cell Site Leases – Consent Requests
Many property owners have and continue to receive some form of request from either their tower company or wireless carrier tenant. These requests are mostly likely structured by the carrier or tower company tenant in that they are looking perform routine maintenance or minor modifications and the scope of the work is minor and within their rights under the terms of your existing lease agreement.
A property owner should not consent by a tower company or wireless carrier without understanding what real options and opportunities it does have:
Understand What Is Being Requested: A landowner should request information of what either is going to be additionally added to their property or what additional party is going to be using their land. Understanding what is being installed or who is going to be using your property will not only assist you in understanding the potential impact on your property but the value of your consent will be to the wireless carrier or tower company requesting it.Review Your Lease: Vertical Consultants can review your cell site lease and see what rights a wireless carrier or tower has with respect to a proposed upgrade or other type of installation being requested or its rights to sublease your property. This review is not only limited to determining value but impact to you and your property.
What Is Worth To The Tenant: Vertical Consultants can work to determine what the value of any proposed requested consent will be to wireless carrier and how to structure an agreement for a property owner to make sure that they receive real value for their approval. Please note if a wireless carrier or tower company offers a one-time payment for your approval don’t accept it is a nominal payoff.
We work not only to get our clients additional rent for requested consents to modify the cell site or add additional tenant to the property but get our clients a better overall cell site lease by making sure that their property is not negatively impacted by and consent given to the tenant.
If you have been contacted by your tower company or any wireless carrier, you should take caution you before agreeing to anything being presented.
Contact us today and we will review your lease and the proposed modifications to see what options you truly have and how to optimize those options.
Vertical Consultants is always open to provide you not only references from clients we have assisted but we will let you speak to them directly.
Results Matter: In 2016, Vertical Consultants averaged a 322% immediate increase in rents being received by our clients. We get results by being the only full-service telecom consulting firm that can handle your telecom, real estate and legal questions all under one roof. No other consulting firm can say that, nor can they match our results. “Advice is Nice but Results are Better”