by Annette W.
I have reason to believe that numerous telecom companies have come into my community and have deliberately underpaid and exploited elderly property owners, and have substantially ripped them off.
They have gotten these elderly property owners to accept ridiculously low monthly rent payments -- in exchange for tying up their property for 25 or 30 years.
In the case of my father, they even built a 500+ foot long road on his land because a neighbor who shares a road to our back field refused to grant the telecom company permission to use that road. When the telecom company built that road, it did not compensate my elderly, disabled father -- when I inquired, the telecom company's lawyer told me that building that road on my father's land without paying him a dime was a right-of-way.
My father is elderly and disabled. After 10 years, he is only getting $800+ a month for a cell phone tower in the most lucrative spot in this county -- right off a major highway.
How do I correct this ripoff and other ripoffs of elderly property owners in this community?
By the way, when you talk about rent, the original telecom company that built the cell tower (Sprint) only offered a 15% increase every 5 years -- nothing yearly. Why do I have this bad feeling about this entire situation and about others who've gotten ripped off in southern Maryland?
(A local attorney told me that the adult children of other elderly property owners in Calvert County, MD, have told me that I am not alone and that he's been approched by other adult children, too.)
Contact a Telecom Lease Lease Genius Today.