Renegotiation of lease

by Cathy
(Michigan)

There has been a tower on our family property for 20 years which is now up for renegotiation. At the initial time, the property was in the name of only one sibling. Five years ago, a change of ownership was made to include all four surviving siblings. Is it possible for the tower company to accept the signature of the original owner or must ALL owners now sign the new contract?

Comments for Renegotiation of lease

Average Rating starstarstarstarstar

Click here to add your own comments

Jul 22, 2013
Rating
starstarstarstarstar
Who must sign?
by: Sean (Tower Genius)

Cathy,

IF the names were changed on the deed you will need to have all owners sign the document or show proof that only one individual has the right to enter into agreements on behalf of the others.

Also, please make sure you have your extension reviewed by a wireless professional. We have found that in most cases cell tower lease renegotiations are where landlords leave the most money on the table and get taken advantage by the tower companies or wireless carriers.

Give us a call... talking to us for a few minutes could only help you and it does not cost you a dime.

Tower Genius
888-313-9750

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.

1-888-313-9750

We Would Like to Hear From You!

Contact Tower Genius

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