ammending a utility company easment

by mario
(california)

I have been approached by a major cellular company and a utility company and they are interested in installing a cellular antenna on top of the existing transmission tower on my property. The utility company has a right of way easement for access to their power lines.

They would like me to amend my easement to allow the cell company to be added to the easement on my property and right of way for access to the proposed equipment. They want to also install cabinets, generator and power to the site and build a road

I was offered a one time lump sum of cash to allow this to happen. My land is rural and has 6 plus acres.

I am told that this is the method they would like and they said it would not be a good idea to ask for a lease because the rent would be very small.

My question is will it affect my property value and how much money i could receive if i agree to their terms. (the said property is located far way from my home and it will not have a negative impact on my land as i dont use it),

The new agreement will likely be for ever.

The utility company will lease the tower directly to the cell company and my compensation would come from the utility company.

i dont want to appear too greedy and would like to know if anyone has a similar situation.

Any help or ideas would be much appreciated.

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Jul 07, 2015
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starstarstarstarstar 		Mario don't let them pull the rug over your eyes.
by: Stephen

Screw the utility company. They are full of crap. And screw the carrier who told you that the rents are not worth it because they are too small.

The utility company benefits because the carrier (AT&T, Verizon etc) pays them (PGE in California) about $2,000/month. Of course they offer you a lump sum. It would be a great deal for them not to have to pay you long term.

Lease should be with the carrier, not the utility company. The carrier will sign a separate deal with the utility company. Deal should be 25 or 30 years max, not "forever".

Here is my suggestion. Do not sign anything.

Call us so they don't take advantage of you.

888-313-9750
Tower Genius

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