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Existing cell tower on purchased land

by David
(Monroe, La)

I have purchased property at a tax sale and found an existing cell tower on the property. The cell company states they paid a one time lease for the property. Do I have any rights to force a new lease? I did see somewhere about a "run with the land" lease. Land is in Shreveport, LA and cell company is in Boca Raton, FL. Thanks!

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Existing cell tower on purchased land

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Jun 27, 2011
Rating
starstarstarstarstar 		Interested buyer
by: Rick Madore

I represent a buyer who is agressive in buying land with existing cell towers. Please call if you are interested. Rick M, Coldwell Banker 555-555-5555

Editor's Note: Sorry this is not a bulletin board. We are interested in discussing with you. Please fill out a form on our site. We regularly come across these sort of deals where the Owner wants to sell the land and the tower lease.
Jan 24, 2011
Rating
starstarstarstarstar 		Perpetual purchase of cell tower rights...
by: Sean (Airwave)

You would have to send us the paperwork for us to see what transpired. It is possible that the previous owner took a one time buyout but I believe that they would have needed to get the previous mortgage holders approval in an NDA. Call us so we can give you some guidance once we have a bit more information.

1-888-313-9750

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