A cellular tower lease is basically an agreement that exists between a telecommunication provider and a landowner. The agreement is based on the use of land for the cellular tower within a specified duration of time, with a predetermined regular fixed fee,which may be monthly or annually,similar to real estate business. This kind of agreement has proven to be beneficial for some individuals who have been fortunate enough to have such generous hosts. However, the leasing prices vary from 1 landowner to the next. There are a few significant elements which play a critical part in determining the kind of prices you will get before signing the leasing deal.
Well, generally the telecommunication companies tend to evaluate the areas based on a number of issues, one of them being topography. There are higher possibility that telecommunication businesses will be willing to pay more if you that the ground is elevated. Many companies prefer mounting towers on higher places since not will it have a wider coverage but the height of the tower will not necessarily have to be that high compared to mounting it on a lower region. Therefore, the floor elevation on your land will force you to beat the competition in addition to increase the prices.
However, topography of the region is just one of the components As accessibility and infrastructure will also greatly help determine the sort of rates the company will be to negotiate with. Setting up cellular tower requires a good transport network making it easy to transport the goods as well as the personnel to and from the site. Many of the businesses would really look at a region which has essential resources such as electric powers, phone system and availability of water. An area which lacks these amenities would make it very difficult to find high and positive rates or even withdrawal of the firms’ interests.
Safety and security always comes first when setting up The towers, and hence the closeness of the assigned website and your house property will greatly determine whether or not the company will be willing to sign the contract and the rate they will be charging. Normally, towers too near your house is highly discouraged and thus you need to get a major chunk of property where you are able to assign the website tower in the furthest end.
That apart, the prices for leasing property in your Region also affects the type of rate the businesses will be eager to negotiate with. But you might need the services of professionals to help you evaluate the perfect rental rates in order to find a fair income out of the bargain you’ll be signing.
Finally, the process for leasing property May Be Quite challenging especially if you’ve got no proper knowledge of how to go about And hence you might assistance from professional advisors that are reputable To help you through.