Cell tower ownership after death.

What happens to the rent when one of the owners dies?

Comments for Cell tower ownership after death.

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May 20, 2022
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starstarstarstarstar 		cell tower lease question
by: Anonymous

MY HUSBAND AND I OWN A MIXED USED BUILDING WITH JOINT TENANT WITH RIGHTS OF SURVIVORSHIP
IN QUEENS NEW YORK .

THERE'S A CELL TOWER LEASE IN MY HUSBAND NAME ONLY.

WILL I BE THE OWNER OF THE CELL TOWER LEASE IF MY HUSBAND PASSAWAY?
Oct 10, 2014
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starstarstarstarstar 		Death of a landlord....
by: Sean (Tower Genius)

The carriers or tower companies will pay the legal entity that is listed as the owner of the property or to a third part who is identified as the recipient of lease payments by the legal property owner.

We would need to know if this property was part of a partnership, a corporation or was privately owned and the circumstances surrounding the agreement between the owners to give you a better answer.

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