Tips To Guide On When Renting Out Your Property To A Network Provider.
A wide range of technology has been seen in the communication sector. Ways in offering the network connections has progressed and improved in a period of time. The network providing companies puts up cell towers. Automated features that enhance communication networks and other forms of association are called cell towers. Installation of these devices is used in improvement of the communication sector. The property to where the apparatus is put up is the prime necessity in this. As the landowner here are some of the needs to review on before leasing or selling your land to a certain network company.
The risks associated with the cell towers should be put into consideration. The threats in discussion are the company tampering with the property associated with the people living surrounding you and the blame ends up being put on you. During the time that these cell towers are being put up this kind of trespasses is done unknowingly by this company. Both the company and the individual accommodating these cell towers should be conscious of the things comprising them. This can be a menace to the environment . Other risks that can be associated with this is the fear for sell out your property and later be restricted for the upcoming need for expansion.
The duration that the company will be in possession of your land too. The period of time that is usually agreed when signing the agreement is around for twenty years. Discuss the activities that you will not be allowed to conduct on the rented part of the land. The span that the service provider will be using your property for should also be determined by the amount of money they are willing to offer. The company should come clear on whether they will be paying the money per year or the payment will be made altogether. A lawyer should be associated with this kind of dealings before an comprehensive agreement between the two parties.
The installation of the cell towers can also be done the upper part of the associated structures. This can prevent expansion of the buildings concerned. This is because thedodlords does not want to alter with the company’s property. It restricts further development made on the property of the landowner. So raise the concerns you have to be allowed the access for the property. The tax policy is a key factor too.
It is hazardous to be around the cell towers. The people in the surrounding can be interested in knowing the features of the cell tower. The way in which the damages will be paid in should be reviewed on. The time that the compensation will take too. Leasing out property in this form of services is a crucial thing to handle so approach it prudently.