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Sponsored by Lorman Education
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Product ID: 408096
 
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Current Issues in Cell Tower Leases

Live Webinar
November 12, 2020
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Entering a Cell Tower Lease
  • Basics of Cell Lease Rents, Getting Rents From Additional Companies on the Tower
  • Increasing Rents at Lease Renewal
  • Location of Leased Area, Access and Utility Easements
  • Final Survey, Engineering Drawings Needed Before Signing
  • Changes and Modifications to Lease, Leased Area
  • Identifying, Avoiding Terms Which Harm the Normal Use of the Property
  • Utility Service and Backup Power Supplies
  • Relocation and Right of First Refusal
  • Insurance, Bankruptcy Protections and Other Key Lease Terms
  • Rooftop Cell Antenna Leases Very Complicated, Special Lease Terms Needed
  • How 5G Deployments and Industry Consolidation Affect Leases
  • Maintaining the Visual Appearance and Structural Integrity of the Building
Selling a Cell Lease
  • Typical Sales Prices – Using Bid Process to Get the Best Price, Often 200 X Rent
  • When Cell Lease Sales Make Sense, and When They Don't
  • Selling Property With a Cell Lease – Sell or Retain the Cell Lease First
  • Avoiding Terms That Harm Property Values, Limit Future Property Development
  • Length of Time for a Sale, Start to Finish
  • Lease Terms That Impair or Prevent a Sale
  • Rooftop Antenna Lease Sales More Complicated, Special Terms Needed
  • Addressing One-Sided Sales Documents
  • Buyer Compliance With Building, Safety Codes
State and Local Government Issues
  • Bond Counsel Approval Often Needed
  • Dillon's Rule, Governmental Authority for a Sale
  • Property Specific Restrictions, Reverters
  • Procurement, Waste Issues
Drafting and Counseling Issues
  • Business Pros and Cons
  • Visualizing the Deal (Ground Level Sites; Rooftop Building Sites)
  • Getting Multiple Offers via an RFP Process
  • Reimbursement of Property Owner's Legal Fees and Other Transactional Fees

Registration

Live Webinar$219Register Now