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 […]
Tag: out of home legal
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 […]