Cell tower ownership after death.

What happens to the rent when one of the owners dies?

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Oct 10, 2014
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Death of a landlord....
by: Sean (Tower Genius)

The carriers or tower companies will pay the legal entity that is listed as the owner of the property or to a third part who is identified as the recipient of lease payments by the legal property owner.

We would need to know if this property was part of a partnership, a corporation or was privately owned and the circumstances surrounding the agreement between the owners to give you a better answer.

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