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 […]
Today out of home leasing and development expert Andy Goodman reviews and comments on a rent section in an out of home lease. Rent: Rent shall commence on the later of completion of the Structure or commencement of the term and shall be the amount of $_________________ payable __________________________________. This rent […]
Billboard Insider asked out of home leasing and development expert Andy Goodman to review and comment on a standard out of home advertising lease. Today he looks at the Term Section. Andy’s comments are in italics. Term: This lease if for a term of ten (10) years, commencing on the _________ […]
Billboard Insider asked out of home leasing and development expert Andy goodman to review and comment on a standard out of home advertising lease. Today he looks at the easements and access section of the lease. We’ve put Andy’s comments in red. Easement. Lessor also hereby grants to Lessee the […]
Billboard Insider asked out of home leasing and development expert Andy Goodman to review and comment on a standard out of home advertising lease. Today he looks at the beginning of the lease. We’ve put Andy’s comments in red. Lease Agreement Lease # _________________ I’ve worked for a lot of […]
Today out of home development and leasing expert Andy Goodman talks about when you should start a lease renewal When should you start talking about a lease renewal If the billboard is in a non-landscaped section of the freeway and the City will allow new billboards I will start talking […]
Today out of home development and leasing expert Andy Goodman talks about how you should describe your billboard structure in a lease. How should you describe your billboard structure in a lease? The Lease should describe all improvements being made by the Lessee on the property related to the billboard […]
Today out of home development and leasing expert Andy Goodman talks about the importance of correctly identifying your structure’s location in a lease. How should you identify a structure’s location in a lease? This can be a problem if you have a lease for a billboard along with an address […]
Today out of home lease and development Andy Goodman talks about how to handle a landlord who won’t renew long-term. What do you do when a landlord doesn’t want to renew long term? First of all I want to find out what the landlord is thinking. What’s his reasoning behind […]
