Tag: billboard lease

When a Landlord Says They Own a Billboard…

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 […]

The Red Herring: Your Landowner’s Attorney Says Your Lease is No Good

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 […]

Four Misconceptions Landowners Have About Out of Home Companies

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 […]

How Should A Landlord Determine Market Rents?

Out of home development expert Andy Goodman writes for Billboard Insider on development issues.  His last column discussed billboards on native american tribe lands.  Today he discusses the best way to determine market rent for a billboard lease. So the question here is how do I know that I’m getting […]

Who Owns the Billboard? Adams v Long

Old billboard lease language can get you into trouble.  That’s the lesson of Adams Outdoor Advertising v Long.  Here are the facts. In the 1930’s the Consolvo Chesire ad agency entered into a billboard lease to put a billboard on property in the city of Hampton.  The lease stated that […]

Ask An Expert: Andy Goodman on Renewing a Below Market Lease

Billboard siting and development expert Andy Goodman responds to questions from readers concerning leases. I’m working with a property owner on a renewal of a lease on a non-conforming billboard.  The lease is grossly undervalued.  What approach should the property owner take? The landowner is in a difficult situation because […]

Court Upholds Billboard Lease with Altered Legal Description

Is a billboard lease valid if if contains an altered legal description and is improperly acknowledged?  Yes.  That’s the lesson of Engler v Franklin Outdoor.  Here are the facts. Franklin Outdoor asked Michael Flynn if it could erect a billboard on Flynn’s property.  James Franklin and Michael Flynn. walked the […]

Andy Goodman on Lease Beginnings and Endings

Today out of home leasing and development expert Andy Goodman talks about how to begin and end your out of home advertising lease. When should a lease begin? The lease begins when all of the government permits have been signed off.  So in California you’ve gotten your Caltrans permit, you’ve […]