a cell tower lease agreement is a contract between a property owner and a cell tower company, allowing them to install and operate a cell tower on the property. oct 29, 2020 · a cell tower lease is a legal contract between the landowner (lessor) and the operator (lessee) that allows the operator to construct and operate a cell tower and. to negotiate a cell tower agreement and generate the most rent or passive income by way of cell tower rent, a real estate owner, investor or developer can be…