Cell Tower Lease ROFR: What a Right of First Refusal Clause...

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2026-09-22 11:51:34 - Translate -

Cell Tower Lease ROFR: What a Right of First Refusal Clause Actually Costs You

A cell tower lease ROFR is a clause that gives the tower company the right to match any third-party offer before a property owner can sell their lease to someone else, and in most cases it reduces the sale value of that lease by at least twice the annual rent. It sounds like a minor legal formality when it first appears in a lease draft. In practice, it is one of the single most damaging...

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