A good point.... It might be money well spent to consult a lawyer and
perhaps set up a LLC (limited liability corp) to own the property
(while you own the LLC).
This would limit your liability in case of a scenario such as Rich
mentions.
You might even have an attorney in your repeater group.
--- In [email protected], "Rich Garcia" <[EMAIL PROTECTED]>
wrote:
> Steve.. he seems oh so eager. Be really sure of why he is so eager
to sell
> with no apprasial.
> Have you attempted to contact other apprasiers for a lower quote ?
One VERY
> important thing
> to look into is an Enviromental Study. With many of the ATS
Microwave Tower
> Site sales (they had
> bought them from ATT Long Distance years ago)one of the problems was
fuel
> tanks and batteries on site. Is there
> a burried tank somewhere on the property, hidden ?? leaking ?? Did a
former
> tennant dump all of their lead acid wet cells
> there years ago, possibly burried by a previous owner and then bought by
> this poor guy who can't afford the clean up ?
>
> Make sure they don't have a haz-mat situation that is going to cost
him tens
> of thousands to clean up
> and he is trying to rid himself of the cost! If you buy it lock
stock and
> barrel that means you are buying
> a clean up also! I am in the cellular industry and you will not
believe what
> we do for each and every site that we build on, not even buy just
lease all
> the checks and tests are costly but "once bitten twice shy".
>
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