Property owners are often enticed by lease offers by cell tower companies. After all, this gets them steady passive income, improved reception, and higher property value. They sign up soon after and begin collecting rent money. However, they may change their views on this over time. They might rather get a lump sum payment instead if they have a personal project, a medical emergency, or any other thing that requires funding. They can sell their lease to companies that offer cell tower lease buyouts. They will retain ownership of the land and the previous contract remains in force. The difference is that the new company will collect the rent instead.

Study Multiple Offers

If you are seriously considering this, then don’t limit your options. Do not sell the lease to the first company that comes along. If you get one offer, then you will probably find another that is willing to match or even exceed this value. In any case, having multiple offers provide you with more negotiating power. You can dictate the terms when they know that you can easily withdraw from the negotiating table if they don’t listen to your demands. You can ask for other things to sweeten the deal.

Deadlines are Flexible

Some of these companies will set a deadline for the negotiations. If you don’t reach an agreement before that date, then they will drop their offer. This is a tactic that makes most people sign despite their reservations. The truth is that these so-called deadlines are quite flexible. They are not set in stone. They are not scientific laws. They can be moved if they really want the property and you make it worthwhile for them to stay in the discussion. Cell tower lease buyouts should not be rushed. Do not give in to pressure.

Opt for Faster Payments

If the amount agreed upon is substantial, then the company might ask for the sum to be divided into several payments to be paid at intervals. In some cases, it can be over before the year is done. Others will stretch for several years. Since the typical reason for agreeing to a buyout is getting immediate funds, then you should be wary about stretching the timeline for years. Faster payments are usually better in this case.

Lease buyouts must be studied carefully from all angles. Do not give in to pressure. Collect your cash fast.