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One of the people who fell for this cell site leasing ploy were not naïve in the ways of business. In fact they were very savvy real estate developers who assumed they could trust the charming young woman who was handling things for the cellular tower company. They signed a very detailed document that locked them into a deal where the carrier could impose their will on the owners. I am sure that Ms. Charming got a nice fat financial incentive for taking advantage of this overly trusting property owner. This mistake cost them over 趚ꯠᇸ dollars in lost revenue, over a thirty year period, that they would have gotten if they were properly informed prior to executing their cell tower lease.

There is no filtering through legally written clauses and other such unnecessary information at this stage in the project. When the letter of intent spells out each detail clearly, the seller can come back with alternate terms of which he or she would be more accepting. This negotiation can go back and forth without the rewriting of lengthy pages that either party may misconstrue.

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