10 Steps to Avoid Cell Phone Tower Leasing Scams

Cell phone tower leasing is a complex and ever-changing subject. That’s why it’s important to understand the basics and how to protect your financial interests. These ten pointers will guide you on how to avoid scammers and get all the vital cell tower lease buyout information.

1. Be aware that cell phone tower leasing scams exist. Scammers may try to take advantage of property owners by offering fake leases or leasing agreements for cell phone towers.

2. Be cautious of unsolicited offers to lease your property for a cell phone tower. However, reputable cell tower lease buyout companies like Landmark Dividend, Tower Point, AP Wireless, Unison, or Symphony, will typically contact property owners directly if they are interested in leasing land for a tower.

3. Research the company that is offering to lease your property. Look for any red flags, such as a lack of information about the company online or a suspiciously high leasing offer.

4. Don’t be pressured into signing a leasing agreement quickly. Take the time to read and understand the terms of the cell tower lease buyout agreement and consult with an attorney if necessary.

5. Be aware of the value of your property. Don’t agree to a lease that pays significantly less than the market rate for similar properties. You can use a cell tower lease buyout calculator to determine your land’s worth.

6. Understand the rights and responsibilities of both the property owner and the leasing company. Ensure the agreement clearly states who is responsible for maintenance and any potential property damage.

7. Verify that the company has the proper zoning and permitting to install a cell phone tower on your property. Get complete information on the cell tower lease buyout information to make the right decision.

8. Get multiple offers and compare them before deciding. This step will help ensure that you are getting a fair deal. Numerous cell tower lease buyout companies are in the market, so you have several options.

9. Be wary of companies that ask for large upfront payments or security deposits. Asking for you to pay something is a common tactic used by scammers to take advantage of property owners.

10. If you are unsure about the legitimacy of a leasing offer, seek advice from a lawyer or other professional regarding the cell tower lease buyout agreement. It’s better to be safe than sorry when protecting your property and financial interests.

Leasing a property for a cell phone tower can be a smart move, but it’s important to be informed and aware of potential scams. Do your research, read the fine print, and don’t be afraid to seek outside advice if needed.

Tower Genius offers specialized cell site lease buyout consulting, lease negotiation coaching, and expert advice on cell tower lease buyouts. They will ensure you receive the maximum return on your cell tower lease while protecting your financial interests. Call us today at 1-888-313-9750 to learn more about our services!

About Tower Genius:

Tower Genius LLC is a leading wireless and cell tower consultant that helps landlords in the USA with proposals for new cell towers, equipment upgrades, cell site lease valuations, lease amendments, lease extensions, and lease buyouts. Managed by Steve Kazella and Kevin Donohue, Tower Genius is a globally recognized company that has been featured in The New York Times, The Wall Street Journal, and several other popular sites.

Cell tower lease rates vary in each state, depending on location, network needs, population density, and many other factors. We have over 50 years of experience, and we’ve helped thousands of property owners get the best rates for cell tower lease. Work with us, and we can help you earn more income for years to come. You can book a 30-minute discovery call with our managing partners for just $29.99. Get the amount waived if you choose to use our services. Visit our website https://towergenius.com/ for more information.