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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 406155
 
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Selling Your Cell Tower Lease in the 5G Era

Live Webinar
September 19, 2019
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

Do you know how to respond when someone offers to purchase your cell tower lease?

Property owners with a lease for a cell tower on their property routinely receive six-figure offers to buy the lease and future leasing rights. While attractive, those offers pose unusual legal, financial, and technical risks that the property owner and its regular attorney typically are not familiar with. For example, is it true that the advent of 5G cell service is a reason to sell leases now. The program will also cover cell lease sales as a source of funds for water system and other municipal capital projects, such as projects too small to warrant a bond issue. This program will guide property owners and their attorneys as they evaluate and respond to such offers. It includes covering what drives the offers, current sales prices, how to evaluate financial terms to determine whether selling makes sense (and when it doesn’t). You will be better able to evaluate purchase offers, identify and modify the very one-sided documents offered by purchasers, and address some of the risks involved in a sale. Such risks include making sure the property owner is not hindered in developing or using its property, insurance and bankruptcy protections. Local governments face all of the preceding issues, plus special questions of municipal authority, bond covenants/IRS restrictions, compliance with procurement statutes, prohibitions on waste, and risks of accidently triggering property reverters.

Learning Objectives

• You will be able to discuss cell lease sales basics.

• You will be able to review key factors affecting lease sales.

• You will be able to recognize 5G cell service’s impact on cell lease sales.

• You will be able to explain cell leases as a source of funds for municipal projects.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart