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 […]
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 […]
Who owns a billboard that’s blocked by trees and sits vacant for 15 years? The billboard company, as long is the lease hasn’t been terminated. That’s the lesson of OUTFRONT v Lemaster. Here are the facts. Between 1969 and 1973, a predecessor of OUTFRONT Media entered into billboard leases with […]
California out of home attorney Richard Hamlin had this comment on Rothfelder on Unrecorded Leases and Constructive Notice. Early in my OOH career, I asked my client why they did not record their leases. He said it became too much of an administrative burden to deal with requests to release […]
A construction clause allows a landowner to terminate a billboard lease if construction of a new building requires the removal of a billboard even if the billboard is outside the building’s footprint. That’s the lesson of Burkhart Advertising v Lowes Home Center. Here are the facts. In June 1999 Carl […]
What happens when your landlord decides they want to get into your business, voids your permit, refuses to accept lease payments and builds their own billboard The lease decides. That’s the lesson of Frierson v Delta Outdoor. Here are the facts. On January 22 1998 Ethel Frierson agreed to lease […]
Today out of home development expert Andy Goodman talks about how to deal with a landlord who says they own a billboard. What to do when a landlord says they own a billboard There are a few possible situations when talking to property owners who say they own or want […]
By Michael Wardle, General Counsel, YESCO Outdoor Media If you’ve been in the outdoor business long enough, then there’s a good chance you have a received a letter from an attorney representing a landowner that challenges the validity of a ground lease. Such a letter may make one or more […]
Today out of home development expert Andy Goodman talks about 4 misconceptions landowners have about out of home. I’m not getting a fair share of revenues Landowners ask me “How can I avoid having the billboard company package my billboard with a number of other properties and not give me […]
