Current Issues in Cell Tower Leases

Lorman Education Services
Training overview
Professional Course
1.5 hours

Course description

Current Issues in Cell Tower Leases

Current Issues in Cell Tower Leases

Learn about the key aspects of cell tower leases and the sales of such leases. The wireless industry has built more than 300,000 cell sites in the United States in the past 20 years. But many more cell sites are needed as iPhones®, iPads®, Droids and the like strain existing network capacity. More sites are needed to meet the government’s goal of using wireless to increase broadband speeds and coverage. At the same time, tower management companies are offering to buy existing cell leases and future leasing rights for large sums of money. This topic helps level the playing field by providing private and municipal property owners with the expertise of two faculty members highly experienced in cell tower leases and sales. This will help property owners who usually are negotiating such leases or the sale of a lease for the first and only time, while the companies have teams of lawyers who work exclusively on such matters. We will focus on key business issues in wireless site leases, including lease rates, who gets the revenues from additional antennas or carriers being co-located at a site, major rent increases for renewals and avoiding lease terms which can restrict or prevent an owner’s use or development of its own property or trigger a mortgage default. We also address the sale of cell leases and future leasing rights, including typical sale prices, when to sell, when it is generally not advisable to sell, how to get the best price and terms in a sale, and avoiding provisions that restrict the use or development of the underlying property. You will be better able to identify and resolve issues that are unique to wireless leases and sales, including what municipalities can include in a lease that cannot be included in a government-issued permit, site location and value, options on selling a lease, lease term and terminations, access requirements, interference regulation and mitigation, design and camouflage, and radio frequency emissions issues.

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Who should attend?

This live webinar is designed for attorneys, planners, directors of development, project managers, government administrators, council and board members, land use officials, public works and utilities directors, municipal government officials, engineers, surveyors and real estate professionals.

Training content

  • Lease Rates, and How Property Owners Can Increase Revenues If Another Provider Adds Its Antenna to the TowerHow Rents Can Be Increased at Lease Renewal, and How to Avoid Losing Such IncreasesAvoiding Lease Terms Which Limit or Prevent the Owner's Use and Development of Its Property or May Trigger a Mortgage DefaultWhy Leases for Antennas on Buildings Are More Complicated Than Leases for Stand-Alone Towers, What Different Lease Terms Are NeededOffers to Buy Cell Tower Leases and Lease Sites, When and When Not to Sell, How to Sell for the Best Price, Key Sales Terms and Legal ConsiderationsIssues Unique to States, Municipalities, Units of Government as Cell Tower LessorsCamouflage Options for Property Owners, to Protect the Value of Their PropertyLease and Sale Provisions Allowing the Property Owner to Relocate the Tower, If NecessaryBackup Power and Generators, Key Issues and ConcernsInsurance and Indemnity Provisions to Protect the Property OwnerRestrictions on Changes in Who Owns the Tower to Protect the Property OwnerProtecting the Owner If the Provider or Buyout Company Goes Bankrupt

Costs

The cost of this Current Issues in Cell Tower Leases live webinar is $219 per participant.

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Lorman Education Services

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Lorman Education Services

Lorman Education Services
2510 Alpine Road
54702 Eau Claire Wisconsin

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