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The Water Cooler
General Discussion
Anybody have a cell phone tower on your property?
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<blockquote data-quote="Bahick71" data-source="post: 3857145" data-attributes="member: 50119"><p>It all varies by the carrier, and the tower company. They do want 24hr access, but you can limit</p><p>that to an access road. They want it close to utility power, with in reason. I have a tower on my</p><p>property in NW OK. I got some surface damages when they built. They have there own gate</p><p>and a fenced area, including the access road. Mine is a 30 year lease with a yearly review for</p><p>the monthly payment cost. At the end of the 30 years, there is a possibility that they can buy</p><p>out the location and own the land. I was paid $13,000 when they built it. I started out getting</p><p>$890/month I now get $1005/month. I am 12 years into having it on my property. They have to</p><p>maintain inside there area, like mow and weed eat, and clean up trash. The devil is in the details,</p><p> negotiate everything up front. It will probably not be changed later. Get a lawyer that is used </p><p>to dealing with this stuff. There are companys that do it for you, but they take a big chunk of</p><p>the money, and or a % of the property.</p></blockquote><p></p>
[QUOTE="Bahick71, post: 3857145, member: 50119"] It all varies by the carrier, and the tower company. They do want 24hr access, but you can limit that to an access road. They want it close to utility power, with in reason. I have a tower on my property in NW OK. I got some surface damages when they built. They have there own gate and a fenced area, including the access road. Mine is a 30 year lease with a yearly review for the monthly payment cost. At the end of the 30 years, there is a possibility that they can buy out the location and own the land. I was paid $13,000 when they built it. I started out getting $890/month I now get $1005/month. I am 12 years into having it on my property. They have to maintain inside there area, like mow and weed eat, and clean up trash. The devil is in the details, negotiate everything up front. It will probably not be changed later. Get a lawyer that is used to dealing with this stuff. There are companys that do it for you, but they take a big chunk of the money, and or a % of the property. [/QUOTE]
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Anybody have a cell phone tower on your property?
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