Florida Option and Site Lease (Telecommunication Facilities)

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Multi-State
Control #:
US-OG-1071
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Description

This form is an option and site lease for telecommunications facilities.
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FAQ

Cell tower leases are valued on a multiple of tower cash flow (TCF), which is calculated by taking tenant revenue and subtracting operating expenses. Particularly, these operating expenses include ground rent, site maintenance, insurance, and utilities.

Others use their lease buyout cash to purchase real estate or expand their business. If you need cash to cover a major expense right now, the decision to sell your cell tower lease might be an easy one for you to make, especially if you don't have an alternative source for raising cash.

Unless the underlying jurisdiction does not require any zoning at all, most cell towers must be approved by the local land use office prior to being built.

Experts: No reason to believe it's dangerous When it comes to cellphone towers, experts say that for people on the ground near the base of the tower, the energy coming from RF waves is not considered to be dangerous.

The FCC treats the construction of communications towers and the collocation of communications equipment using FCC-licensed spectrum as federal undertakings subject to Section 106 review.

Renting space to wireless carriers: The primary way cell towers make money is by leasing space to wireless carriers, such as AT&T, Verizon, and T-Mobile. These companies pay a monthly fee to lease space on the tower and use it to transmit and receive signals from mobile devices.

All telecommunication towers and antennas must meet or exceed current standards and regulations of the FAA, the FCC, including emissions standards, and any other agency of the local, state or federal government with the authority to regulate towers and antennas prior to issuance of a building permit by the city.

The Federal Communications Commission (FCC) regulates systems such as cell phone towers. Exposure levels from cell phone towers must comply with the FCC's radiofrequency (RF) radiation exposure guidelines, which were developed to protect the public from RF-related health risks.

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Florida Option and Site Lease (Telecommunication Facilities)