Things To Consider Before Leasing Out Your Land For Cell Towers.
The information and communication department has grown greatly in it is expertise. The area for discussion is linkage systems and making sure that their customers are connected without any hitches. The network providing companies puts up cell towers. The cell towers are a cellular-enabled mobile device site where antennae and other electronic communications equipment are placed. It is made available to the users to contribute to linking up through communication. The property to where the apparatus is put up is the prime necessity in this. As the landowner here are some of the needs to review on before leasing or selling your land to a certain network company.
Beware of the shortcomings to expect when a cell tower is put up on your land or property such as the rooftops of houses or other structures. The threats in discussion are the company tampering with the property associated with the people living surrounding you and the blame ends up being put on you. The company responsible for installing the cell towers may tamper with the neighboring locality in a certain way. Other features using in making the cell tower such as devices supporting energy supply and other toxic materials. The surrounding can be under the threat of been negatively affected by the cell towers. Other risks that can be associated with this is the fear for sell out your property and later be restricted for the upcoming need for expansion.
The duration that the company will be in possession of your land too. Some of these cell sites are mostly rented out for two decades. Discuss the activities that you will not be allowed to conduct on the rented part of the land. The span that the service provider will be using your property for should also be determined by the amount of money they are willing to offer. You should know if the company is willing to pay for the leasing rates annually or the discussed years in wholesome. A lawyer should be associated with this kind of dealings before an comprehensive agreement between the two parties.
Some cell towers can be installed on rooftops. Restriction to the extension to the construction can be deterred. The landowner never wants to tamper with the cell towers or the communication satellites. On the other hand the person hosting the company’s property cannot make any form of progress. Any alarms you wish to raise regarding the property should be done in advance. The tax policy is a key factor too.
The presence of the cell towers can be a security risk to the person leasing out the land. The responsiveness of the public is an issue too. Discuss on the compensation details with the company. The time that the compensation will take too. Leasing out property in this form of services is a crucial thing to handle so approach it prudently.