Estimating Cellular Tower Leasing Rate
Cellular Tower are steel structures that are constructed in a certain place to improve cellular network of a company. The choice of installing a cellular tower in a specific location is determined by several factors. Different communication industries install some cellular towers in a region due to several reasons. In many cases, the communication firm usually hires the land to install their structure. The cellular tower rates are usually paid out in accordance with the company mode of payment or through the arrangement of the landlord and the cellular company In some cases, the landowner is underpaid by the Cellular Tower Company since there is little information available concerning the cellular Tower leasing. For one to earn the highest tower leasing, there is some work that the landlord will have to engage in.
Look for a nearby constructed cellular tower. Cellular tower leasing rates are almost the same in a region. The the client should inquire the amount being made by the cellular company per month to the landowner. However, the client should consult the tower site of the same company since different companies pay differently on tower leases. That will aid the land lord to accurately approximate the tower lease.
Finding the tower lease attorney. Tower consultant have a lot of knowledge in the field. With their immense knowledge and experience, they can be able to figure out amount the client is expected to pay. They will also be able to figure out other factors such as the most probable location the tower can be installed in the region. An the honest and skilled consultant will help to figure out. The tower attorney should explain to the landlord all the steps involved in the signing of the tower lease agreement The consultant should go to the proposed site for the construction of the tower so that they make may relevant advice to the landowner.This will enable the landowner to get the agreed amount when it is due.
Look for other options. When coming up with the site for the cellular tower, the firm may realize severally suitable locations. The landowner should be able to estimate the suitability of his/her land over others The client should be in a position to demand better rates if the location of the land is the best and most suitable for tower installation. In a detailed quest for knowledge, the landowner may consult the landowner about the amount expected for installing a tower in the region.
Evaluate the cellular tower size. There is a variation in the tower leases based on the size. The consultant should approximate tell the cell tower land lease rates in the region and based on the size of the tower.