Do You Want to Lease Your Land Area to Telecom Firms?
If you want to earn money, you need to use your properties as a capital to any type of legal business you want to venture on. It is not enough to focus on one business and exert all your efforts there even if it is not working. If you have a piece of land, you can lease it to any telecom firm who plans of expanding on your territory. If they want to promote their telecom services to the people, the signal should be high. Therefore, they need to provide a tower there.
You need to talk to the company if you want your space to be considered. If they come to a certain town, they will try to study the location. Hence, it is not an assurance that they will choose immediately your own space. Nevertheless, if your space becomes the center of attention, you need not to bid from them. They will even be the ones to bid because other telecom companies also like the spot that you own. Before signing an agreement, there are important things which you need to know. For additional knowledge visit this site https://en.wikipedia.org/wiki/Telecommunications_lease.
The agreement to happen between you and the telecom company should be bound by the laws. Therefore, you need to know your rights as the owner and you can do this by hiring a good cell tower advisor. The telecom company could not just simply conduct some activities without your notice. When you sign the agreement, there have been listed activities that you have agreed upon. Besides, they also know that they could not occupy the entire boundary. There is a certain parameter where they could conduct the erection. If they want to move an inch, they still need to ask permission from you. An inch of movement would also mean money, so you could not just allow them to avail a part of the land that is not presented in the contract.
Since you need to tell them the leasing price, you should make your own research. Your area has its own value for leasing depending on the type. If it is a suburb, its leasing price should not be the same as the leasing price of that of urban and rural. You need to talk to a cell tower leasing consultant this time because he knows the market. He can even find the right company to make a good deal with you. He is an asset that will look for a promising leasing rate for your property.