Sample Billboard Land Lease Agreement

Premises lessor does hereby lease and demise to lessee space for product advertising purposes a portion of the real property located at mango avenue cebu city philippines.

Sample billboard land lease agreement.

Some billboard leases pay a fixed dollar amount without any point of reference. This billboard lease contract helps you in avoiding any mistakes and giving income for your advertising. Renting out personal property is one of the best ways to maximize personal incomes but if you want to get more than rent from tenant you can place a billboard at the top of property or building for lease purposes. Land lease agreement pdf sample the sample land lease agreement below details an agreement between the landlord gary e chapell and the tenant marjorie h calhoun gary e chapell agrees to lease the site to marjorie h calhoun for the purpose of operating and managing a multi family residential apartment complex.

If you are the owner of land along a highway or major road you may be approached by a billboard company with an offer to lease a portion of your land. If your billboard lease is for a renewal of an existing sign don t assume you ve been getting a fair rate and simply extend the agreement for a small percentage increase. Contract and agreement of billboard lease extract. This is a common and often expensive mistake.

This agreement is made this 2nd day of march 2014 by and between joshua hereinafter called lessor and cankeron inc. There are billboard leases out there that have a provision that if the land owner does not contact them by a certain date the lease rolls over for an additional term of 20 years or whatever the primary term was. Consider the period of the lease. Billboard lease contract template can be downloaded here for free to draft a contract for billboard leasing.

That contract builds a happy relationship between you and property owner. Just think about that. Before entering into a long term lease agreement it is essential to contemplate the possibility of a property redevelopment that can become a significant drawback of having the billboard mounted. Billboard lease agreements come in various shapes forms and lengths and are typically used by the billboard companies in many different states and jurisdictions.

Its a contract between a landlord and a billboard owner. You have to remember to contact the company 19 years out or the lease rolls over for another 20 years. The amount you earn from billboard leasing is quite flexible. It addresses the specific concerns related to leasing property for the construction or maintenance of an advertising billboard.

A billboard lease will define all the nitty gritty terms of your agreement. In the event the premises on which an outdoor advertising structure is located is sold leased improved or developed so as to necessitate the relocation of the outdoor advertising structure.