Tag: out of home legal

The bad, good and best billboard lease renewal clauses

What end of term language do you put in your billboard leases? Insider reviews  the bad, the good, and the best options. Bad.  A firm stop. “This Lease shall be for a term of 20 years commencing on the date shown below.”  Insider doesn’t like firm terminations.   They give the […]

Fair Market Value Condemnation Victory in North Carolina

In a victory for the principle of just compensation, the North Carolina Supreme Court upheld fair market value for a nonconforming billboard condemned by the State for construction. The ruling (Department of Transportation v. Adams Outdoor Advertising of Charlotte) was dated September 29.  It focused on the State’s 2011 taking […]