All our contracts have a clause that the tower survives change of
ownership and are filed at the county court house. I feel your pain, we
have something similar going on. Foreclosure and sheriff sale a couple
weeks ago. New owner is flipping the house - so we will see as he tries
to sell it, hoping for the best. We can leave the tower for now, but no
power. I shuttled batteries every week for a month and decided to put a
solar system in. About 1amp draw = $1,500.00 plus $200 for 200 ah of
batteries. Power company wanted 2K to install power and then the
minimum bill of $35 per month.
Here's to hoping we don't spend 25K erecting a tower on the adjacent
property.
This tower has the below clause. My attorney said it would not survive
in court because of the sheriff sale and bankruptcy.
1.
The terms and conditions of this Agreement shall run with Owner’s
Property and shall extend to and bind the heirs, personal
representatives, successors and assigns of Owner and Lessee.
Good luck, Dave
On 6/6/2017 11:29 AM, Jan-OOLLC wrote:
Relocating tower, yes obvious solution, is there a legal way to prevent
power from being turned off in the meantime? (FYI--a foreclosure that
went backwards and had been one of the first tower locations in the area
more than 10 years, so we believed the customer)
--
Portative Technologies
1995 Allison Lane, Suite 100
Corydon, IN 47112
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