US2014236754A1PendingUtilityA1
Long-term property acquisition and payment method
Est. expiryNov 27, 2022(expired)· nominal 20-yr term from priority
Inventors:Nicholas Frattalone
G06Q 40/04G06Q 40/00G06Q 30/0611G06Q 99/00G06Q 40/02
53
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Claims
Abstract
Methods for the long-term leasing by a company of a plurality of properties, two or more of which are separately owned by identifying each property to be leased; and tendering to each property owner an offer to lease each property for a term of years with a lump sum payment as consideration.
Claims
exact text as granted — not AI-modified1 - 25 . (canceled)
26 . A method for the build-out of a cellular network, comprising:
(a) identifying at least cell tower on a parcel of land to acquire through lease; (b) calculating a total lease payment that is less than the aggregated projected periodic lease payment for each parcel of land over the term of use; (c) selecting for each parcel of land a lump sum payment amount up to the amount of said total lease payment to be used as a beginning point for negotiating; (d) tendering to each property owner a defined lease acquisition offer, comprising an offer to lease each parcel of land for a term of years with an immediate up-front payment of said lump sum, thereby decreasing the number and duration of payments needed to acquire the right to use said parcel of land.
27 . The method of claim 26 , further comprising the step of: (e) repeating steps (a) through (d) until enough offers are accepted to build out said network;
28 . The method of claim 26 , further comprising the step of: (f) leasing at least some of the parcels of land for which offers were accepted; and
29 . The method of claim 26 , further comprising the step of: (g) erecting at least one cell tower on at least one leased parcel of land.
30 . The method of claim 26 , wherein said offer is to lease only a portion of each parcel of land comprising said desired location, and any necessary access.
31 . The method of claim 26 , wherein said offer is to lease said entire parcel of land.
32 . The method of claim 26 , wherein said lump sum payment offer is made in cash.
33 . The method of claim 26 , wherein said lump sum payment offer is made with negotiable securities.
34 . The method of claim 33 , wherein said negotiable securities are stock or stock options.
35 . The method of claim 33 , wherein said negotiable securities are one or more zero coupon bonds having an aggregate face value equal to said lump sum payment.
36 . The method of claim 26 , further comprising the step of financing said lump sum payment using negotiable securities as collateral.
37 . The method of claim 26 , wherein said selecting step comprises:
determining the amount of debt encumbering each property; and selecting a lump sum payment amount up to the amount of debt encumbering each property to be used as a beginning point for negotiation.
38 . The method of claim 26 , wherein at least one offer further includes a first right of refusal for said company to purchase said parcel of land, or a portion of said parcel comprising said desired location, and any necessary access, when the owner receives a purchase offer for said parcel, for which said lump sum payment also serves as consideration.
39 . The method of claim 26 , wherein at least one offer further includes an option to be exercised by said property owner to sell to said company at a predetermined price said parcel of land, or a portion of said parcel comprising said desired location, and any necessary access, for which said lump sum payment also serves as consideration.
40 . The method of claim 26 , further comprising, when an offer is refused, the step of tendering to each refusing landowner an offer to lease their property for a term of years with periodic rental payments over the term of the lease, with the balance paid as a lump sum at a predetermined discount at the option of said landowner at any time during the term of the lease.
41 . The method of claim 40 , wherein at least one offer further includes a first right of refusal for said company to purchase said parcel of land, or a portion of said parcel comprising said desired location, and any necessary access, when the owner receives a purchase offer for said parcel, for which said lease payments also serve as consideration.
42 . The method of claim 40 , wherein at least one offer further includes an option to be exercised by said property owner to sell to said company at a predetermined price said parcel of land, or a portion of said parcel comprising said desired location, and any necessary access, for which said lease payments also serve as consideration.
43 . The method of claim 26 , wherein said offer is made to landowners currently leasing their property to said company for a term of years with periodic rental payments over the term of the lease less than one year before said lease is up for renewal.
44 . The method of claim 26 , wherein said offer is made to landowners currently leasing their property to said company for a term of years with periodic rental payments over the term of the lease more than one year before said lease is up for renewal.
45 . The method of claim 26 , wherein said offer is made to landowners currently not leasing their property.
46 . The method of claim 26 , wherein said offer does not include sharing of co-locator fees.Join the waitlist — get patent alerts
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