What Is Cell Tower Ground Lease?

A cell tower ground lease works like a conventional lease. The only difference is that wherein a standard lease one rents the property to live or run a business, a cell tower lease allows the company to set a cell tower. Many landowners have a property that they are willing to lease out to cell tower companies as these companies offer long-term contracts that guarantee a good income stream for the landowner. The cell tower setup is costly, so the company who wants to put these cell towers on properties look for long-term leases with the landowner and are often willing to pay a premium to keep the rental intact for at least a few years. The leasing contract becomes a beneficial source of dealing for both the landowner and the cell tower company. Both parties are always looking for such opportunities.