99 yr. cell tower lease buyout from tower company

by Homer
(large city in Texas)

Since the past owner already accepted a 99 yr. lease buyout, do I as the new owner of the property have any options available? Is the tower company required to pay partial property taxes due to their long lease? Are their any circumstances that could cause the lease to be renegoiated or canceled. In the future if cell tower company wants to tear down the old tower and build a new one would that be grounds for renegotiation?

Comments for 99 yr. cell tower lease buyout from tower company

Average Rating starstarstarstarstar

Click here to add your own comments

Mar 18, 2013
Rating
starstarstarstarstar
lease runs with the property
by: advisor

So the cell tower company has to follow all terms of lease which should be recorded.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Lease Forum.

Subscribe to the
Cell Tower Insider
Enter your E-mail Address
First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Cell Tower Insider.



Contact a Telecom Lease Lease Genius Today.

888-313-9750