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Tower Rent

I

into_radio

Guest
Can someone explain the details of renting tower space?

To give you some background, I'm in a small market (Arbitron Market 200+) and my tower is about 1000 feet tall (also at the highest elevation in the area).

What liabilities do I have? What's the going rate? What types of arangements do you all have (both with other radio stations and with other providers such as cell/internet)?

Thanks!
 
> Can someone explain the details of renting tower space?
>
> To give you some background, I'm in a small market (Arbitron
> Market 200+) and my tower is about 1000 feet tall (also at
> the highest elevation in the area).
>
> What liabilities do I have? What's the going rate? What
> types of arangements do you all have (both with other radio
> stations and with other providers such as cell/internet)?
>
> Thanks!
>
As long as in your lease agreement with the renter, you shouldn't have any liabilities except to make sure the tower is kept in a good condition (structurally), and make sure if the tower has lights, they are working. The going rate depends on your market, the # of antennas going up, etc. Towers are my business - if you want to e-mail me off board, i'll go into furthe detail with you.

Matt<P ID="signature">______________

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Strong Advice

> Can someone explain the details of renting tower space?
>
> To give you some background, I'm in a small market (Arbitron
> Market 200+) and my tower is about 1000 feet tall (also at
> the highest elevation in the area).
>
> What liabilities do I have? What's the going rate? What
> types of arangements do you all have (both with other radio
> stations and with other providers such as cell/internet)?
>

Hire an attorney. Do NOT take this matter lightly.
Hire someone who has experience with tower-rental agreements and the various laws involved. As someone who deals with the engineering side of site maintenance, there is a lot of legality involved.

Don't write off other's advice however getting an attorney involved is the best matter...
 
Re: Strong Advice

> Hire an attorney. Do NOT take this matter lightly.
> Hire someone who has experience with tower-rental agreements
> and the various laws involved. As someone who deals with the
> engineering side of site maintenance, there is a lot of
> legality involved.
>
> Don't write off other's advice however getting an attorney
> involved is the best matter...

I've been doing this since 1984, and as much as I hate attorneys, you should have one involved in setting up the boilerplate lease agreement each of your tenants must sign. Mine were pretty simple back in the old days, but the climate has changed. You need to be well covered in matters of safety and liability, ANSI compliance and enforcement of the rental agreement itself, including reimbursements (a particularly big issue can be getting reimbursed for the BLM and/or USFS fees and other things you must pay in behalf of your tenants), and in compliance in interference issues. It pays to keep on the good side of any authorities who are responsible for your site. It's also fun, engineers who maintain stuff on mountains can be interesting people, the rental income can be substantial, and you may get to see some pretty scenery every so often.
 
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