How to check a cell tower lease offer
Before you decide, put the price, the costs and the rights you would give up on one page. This checklist shows what to compare.
On this page
Start with the written offer
Get the full offer and every agreement and exhibit it mentions. Write down the total price, any costs and when you get paid. Note which rent you are selling and for how many years. Note the easement and how long it lasts. Also note any conditions, and whether you must stop talking to other buyers.
Use the buyout comparison to line these up side by side. Read the proposed agreement and exhibits, not just the offer letter. Key terms can be spread across more than one document.
Check the math on its own
Enter your current rent, scheduled increases, the offer and your costs in the calculator. Then weigh the result against the rights and conditions in the agreement.
Use the lease checklist to confirm what you are paid now. Keep taxes, limits on how you can use your land, and future income you can't confirm out of the total. Lumping them in makes the number look more exact than it is.
Who is behind the offer?
Find out who is buying, who is advising you and who is a broker. Our guide to buyers and brokers helps you ask who they work for, what fees they charge and who handles your papers.
Look up their contact details yourself before you share anything private. Being pushed to sign fast doesn't mean you can skip reading the whole document.
Questions for us?
You can contact MyTowerLease with a general question about this page or the calculator. Please don't email your lease, bank details or tax ID numbers.
Find your next step
Choose the guide or tool that answers your question.