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.
Stipulations allowing buyer to adjust the purchase price in the event that: 1) undisclosed liabilities come due after settlement, and 2) actual inventory purchased does not match amount specified in sale agreement. Provisions that the business passes any and all necessary inspections, Provisions that final sale is contingent on verification of financial statements, license and lease transfers, Provisions that final sale is contingent on obtaining financing for purchase, Restrictions on business operations until final settlement, Non_competition and advisory clauses (these are sometimes arranged in a separate document), Allocation of purchase price