Cell Buyout

by js
(ca)

The rental stream offer (ROFR) language in my lease states that if I receive a bona fide offer from a third party (I have) seeking an assignment or transfer of rent payments that I have to give the tenant 20 days to match.

Since the buyout company is offering to buy a perpetual easement on my property and not a rent assignment, then this clause does not apply?

Comments for Cell Buyout

Average Rating starstarstarstarstar

Click here to add your own comments

Nov 20, 2014
Rating
starstarstarstarstar
Don't risk a lawsuit
by: Tower Genius

If you are considering an offer then you should notify the Lessee. Would the lease buyout company buy a perpetual easement from you if the rent payments did not transfer over (aka assign over) to them?

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.

1-888-313-9750