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 […]
A reader asks Billboard Insider “what happens when someone buys land on which your billboard sits and then claims they own the billboard and threatens to take it down?” We asked out of home attorney Richard Hamlin of Hamlin|Cody to comment. Any OOH company that is in business long enough […]
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 […]
Many out of home leases have a clause allowing the out of home company the right of first refusal to purchase property if it is listed for sale. Will a right of first refusal hold up in court? Yes, according to Adams Outdoor versus Todd Tarr and Shirley Buchner. Here […]
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 […]
A court will look at behavior to determine a lease default if there are no payment terms in a lease. That’s the lesson of Chastant v Headrick Outdoor. Here are the facts In 1985 Headrick Outdoor leased two billboards on property owned by Leon Chastant. The leases provided for annual […]
A lease by any other name is still a lease. That’s the lesson of Naegele Outdoor Advertising Co vs the Bureau of Indian Affairs. Here are the facts. In 1979 and 1981, Diana and Lucille Bow, two members of the Calliente Band of the Cahuilla Indians entered into two “operating […]
YESCO Outdoor Media General counsel Michael Wardle stated in a November 2019 Billboard Insider post that relocation clauses can make or break a billboard lease. Jarman v Reagan Outdoor Advertising demonstrates this. Here are the facts. In 1982 Reagan Outdoor renewed a lease agreement for two billboard structures on land owned […]
Insider has written before about the importance of having a good written outdoor lease or easement as a defense against a landowner with a fuzzy memory. Franklin Outdoor v James Hovanetz demonstrates that a written outdoor lease trumps a landlord’s claims of a verbal agreement. In 1978 Franklin Outdoor signed […]
