Answer
Mar 21, 2023 - 01:10 AM
Likely yes. The statute of limitations in your state may limit the number of years for which you can receive payment unless you can demonstrate fraud. But generally, they should pay back rent and enter a new lease with you going forward.
The value of the lease/payments will depend upon whether the tower itself is on the property or the transmission equipment. The latter is easier to move. Another factor that will influence how much you get will be how costly it would be for them to move the tower to the correct property and whether there are zoning regulations that would prevent it from being moved.
I recommend reaching out to us on this situation once they make you an offer. The tower company is likely going to try to offer less because they would now have to pay two landowners' rent.
Ken
The value of the lease/payments will depend upon whether the tower itself is on the property or the transmission equipment. The latter is easier to move. Another factor that will influence how much you get will be how costly it would be for them to move the tower to the correct property and whether there are zoning regulations that would prevent it from being moved.
I recommend reaching out to us on this situation once they make you an offer. The tower company is likely going to try to offer less because they would now have to pay two landowners' rent.
Ken
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