Today out of home leasing and development expert Andy Goodman talks about billboard height and lease trends. Billboard Height Cities will allow you to build the billboard either from the grade of the billboard location or from the grade of the freeway whichever is greater. You could have a billboard that’s […]
Today out of home leasing and development expert Andy Goodman talks about what makes a great billboard location. Here are some keys to a great billboard site. An unobstructed view to the freeway The outside of a curve. A long approach A great right hand read that you know shows […]
Today out of home leasing and development expert Andy Goodman talks about when and how to stay in touch with out of home landlords. How often should you be in contact with a landlord? During the entitlement and permitting process, I will give the landlord an update on a monthly […]
This week out of home leasing and development expert, Andy Goodman, reviews miscellaneous clauses in an out of home lease. Andy’s comments are in italics. Miscellaneous: In the event of litigation between Lessor and Lessee predicated upon this Lease Agreement, the prevailing party shall be entitled to recover its reasonable attorneys’ […]
Today out of home leasing and development expert Andy Goodman discusses the pros and cons of recording a memorandum of lease versus recording a lease. We’ve presented standard lease recording language below with Andy’s comments are in italics. Memorandum of Lease: Lessor agrees that this Lease Agreement may be recorded. […]
Today out of home leasing and development expert Andy Goodman analyzes right of first refusal language and notice language in an out of home lease. Andy’s comments are in italics following the lease language. Right of First Refusal: If, during the term of the Lease Agreement (including any extensions or renewals […]
Out of home leasing and development expert Andy Goodman comments on the indemnification and assignment clauses in a standard out of home lease. Andy’s comments are in italics. Indemnification: Lessee shall indemnify and hold Lessor harmless from all injuries to the Property or third person caused by Lessee, Lessee’s employees, agents, […]
Today out of home leasing and development expert Andy Goodman comments on the standard cancellation language in many out of home leases. We’ve presented the language below. Andy’s comments are in italics. Cancellation: If, in Lessee’s sole opinion: a) the view of the advertising copy on any Structure becomes obstructed; b) […]
Today out of home leasing and development expert Andy Goodman evaluates the representations language of a typical out of home advertising lease. Andy’s comments are in italics. Representations: Lessor represents that it is the owner or the authorized agent of the owner of the Property and has full authority to […]
Landlords sometimes argue that a billboard structure is theirs at expiry of a lease. Today out of home leasing and development expert analyzes how the structures section of an out of home lease can protect your company and minimize costs if the billboard lease is terminated and the structure must […]
