How it works
When you've got room for a billboard and want to make a little extra money, a Billboard Lease is a smart way to make sure it gets done right.
Imagine you've leased land to someone who's going to build and maintain billboards, and now the owner of the billboard wants to know whether you'll provide electricity to light it. A Billboard Lease will define all the nitty-gritty terms of your agreement. Its a contract between a landlord and a billboard owner. It addresses the specific concerns related to leasing property for the construction or maintenance of an advertising billboard. This includes access to the property, electrical power supply, and maintenance of the billboard. Other terms covered by the Lease include the duty of the billboard owner to comply with government regulations and their responsibility for taxes related to the billboard. A Billboard Lease sets outs each party's expectations and helps avoid any misunderstandings, which contributes to a happy landlord-billboard owner relationship.
Other names for this document: Billboard Rental, Billboard Lease Agreement, Billboard Land Lease Agreement
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This document is sometimes called a Lease of Real Property for Billboard.
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