Re-negotiating my lease

by Donna
(Atascadero, California)

I have a cell tower that was owned by a small local company and recently that company has been purchased by AT&T. I want to re-negotiate my lease because it is WAY below local market value. Unfortunately, that information just came to me and I have signed a memorandum of lease with AT&T, although I have not gotten my final paperwork. Is it too late or can I wait until I have paperwork so I can deal directly with AT&T since my contact with the local carrier told me his position will soon be eliminated.
(sounds like he wouldn't be the one to talk to anyway.)

Thank you! Donna

Comments for Re-negotiating my lease

Average Rating starstarstarstarstar

Click here to add your own comments

Mar 10, 2011
It depends how the cell tower lease was crafted...
by: Kevin at Tower Genius


It depends on what your cell tower lease says. Most carriers have a provision allowing them to transfer the property without any approval or if approval is required the landlord can not withhold or condition it in any way. We would have to read the assignment clause to give you the right answer as to your rights.

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.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements 
  • Tower lease extensions 
  • Cell site upgrades 
  • Small cell proposals 
  • Lease amendments 
  • Tower lease buyouts offers 
  • Rooftop lease buyout offers 
  • Rooftop cell site audits 
  • Lease Agreement defaults 
  • Cell tower valuations 
  • Rent reduction solicitations 
  • Lease optimization questions
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers
  • Tillman Infrastructure
  • Black Dot, Md7, Lyle Company

Contact Tower Genius Today.


We Would Like to Hear From You!

Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.