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A right of first refusal clause is a clause in a cell tower lease agreement that restricts the owner of the property from selling the property or the cell tower lease agreement to a third party without. This blog post will delve into the essential aspects of cell tower lease agreements, highlighting the crucial terms and considerations that property owners need to be aware of to ensure a. Cell tower lease agreements are unlike any residential, or commercial lease agreement. This is due to the very specific use of a cell tower, also known as an unmanned. What is a right of first refusal clause in a cell tower lease?