Cell phone companies give manifold merits to landowners for renting their lands. With proper negotiations, you may land yourself a good deal that may change your life. You may not identify with this type of investment but there are people acquiring more than one cell phone site lease businesses. For fruitful negotiations to come through you need to be well acquainted with the info regarding the topic. A cell tower attorney might be very instrumental in assisting you get the best deal. Here are some of the merits you should know regarding cell phone tower leasing.
The companies pay lump sum rent amounts. The cell phone company will pay rent as agreed upon the erection of the towers on your land or site. The property value of your land will also increase in case you consider selling it in the future. You will have disposable income that will help you solve your financial issues. When setting the deal the company should be ready to part with generous rent amounts as not all land owners rent their lands.
Acute network coverage. When the towers are erected on your property the signal strength is at its best. There will be no buffering or network loss as both you and those around you will enjoy the network. You will be enjoying easy communication and fast internet browsing. It is also very important during emergencies. Getting to help will never be an issue with the perfect network to make emergency phone calls.
There is a window for deal restructuring. Upon reaching an agreement, you can contact the company for a deal re negotiation. This mainly happens when you discover you have been receiving less amounts. Considering the huge amounts of profit the company will make, it is your right to ask for better payment of rent of the land that you let them use for their towers.
Any other leasing that will happen on your land should profit you too. For the tower construction purpose, many companies would want to rent a bigger piece of land. You should however study keenly as they do not us the entire space for tower erection. They however use less space than needed for the tower erection. That company may then opt to rent the remaining piece to other companies in order to enjoy rent too. Considering the companies will be renting each other on your land, you should get a piece of the negotiation package. The benefits of leasing you land to the phone companies are multiple. The income will keep on flowing for as long as the agreement is still viable and active.