Cell Tower Leases with Property OwnersTuesday, March 20th, 2012
When a cell phone company needs to expand service out into new regions they will often enter into contracts known as a cell tower leasing with property owners. These leases allow these cell phone companies to build a signal tower on your property in exchange for a monthly and yearly check. However, if you have one of these agreements and you are in need of a substantial sum of money you can contact a cellular lease consolation company and ask for a lump sum payment. These companies will give you a set amount of money in exchange for a set number of years of revenue from your cellular lease. Often times people will go this route instead of taking out a mortgage or some other kind of loan in order to get repairs or upgrades done to the property. Money that comes in from cell phone companies is pretty consistent and can usually be relied upon for the long term.