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<p>Is the seller really gaining anything reserving the lease? The
sales price presumably would be higher with the rights
transferred, although the stream of income would be reduced to
present value. In a low interest rate environment that wouldn't
be a significant reduction.<br>
</p>
<p>Either way I'd be concerned about the seller possibly still being
responsible for a breach of the lease caused by actions of the new
buyer. That may be more likely where they have not assigned the
lease, but I've not thought about that to any great extent.<br>
</p>
<pre class="moz-signature" cols="72">Kary L. Krismer
206 723-2148</pre>
<div class="moz-cite-prefix">On 2/9/2021 8:56 PM, Teague Pasco
wrote:<br>
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<div dir="ltr">Railroads routinely retain rights to
telecommunications leases when they sell right of way For
language, you might look at rail-banking agreements, which
should often be available via FOIA or otherwise, or STB
filings. I don't have anything, my work in that area was as
corporate counsel. I would do it by express easement, not
agreement, since if I was trying to reserve a right in real
estate like that, I would generally favor permanent notice
rights over privacy.
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<div dir="ltr" class="gmail_attr">On Tue, Feb 9, 2021 at 7:13 PM
Robert R. Cole <<a
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<p>Client wants to sell his real estate but keep the cell
tower lease/easement for the cash flow. How can this be
accomplished??? Thanks.<br>
</p>
<div>-- <br>
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