Cell phone tower on property but don't own the lease

by Charles
(Kent WA usa)

I am buying a piece of property in WA and the seller is selling the lease to another cell company. My question is who is actually reponsible for removal of the cell tower when it is deactivated? Property owner? They could deactivate and move on right? Then I would have the burden of removing it?

Comments for Cell phone tower on property but don't own the lease

Average Rating starstarstarstarstar

Click here to add your own comments

Dec 04, 2015
Depends on Removal and Restoration
by: Stephen

If you are buying a property where the owner is selling the lease for a cash lump sum to a buyout company, you will be left with the tower and no monetary benefit. The lease can possibly contain a clause that says they need to remove the tower and restore the property in the event of termination, but it may also allow them to just leave it there to become your headache.

Also, you may be stuck holding the bag on property taxes pertaining to the cell tower, so make sure the owner doesn't leave you with that burden if they do a horrible job negotiating the lease buyout sale transaction.

Your insurance can also be impacted. Are you buying the property at a discount since they are leaving you with a tower that pays no rent or does the property have enough value to you otherwise?

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)

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.