Billboard Lease
(Short Form) (Pro-Landlord)

Summary

This template billboard lease may be used to lease space for outdoor advertising purposes on a designated portion of real property. This template favors the landlord and contains practical guidance, drafting notes, and optional clauses. A billboard lease is generally thought of as a lease of airspace used for advertising purposes. This template is non-jurisdictional and local counsel should be consulted in the jurisdiction where the leased premises is located to confirm that the lease conforms to local leasing laws and customs, to ensure proper permits are obtained for erecting and maintaining a billboard, and that all applicable laws are complied with. For a non-party specific billboard lease template, see Billboard Lease (Short Form). For a discussion of the issues that may arise in negotiating a billboard lease, see Billboard Leases. Billboard leases are often used in retail settings. See Retail Leasing Resource Kit. See 3 Zoning and Land Use Controls § 17.01 for information on the regulation of billboards as signs. For further guidance on billboard lease transactions, see 7D-15 Current Leasing Law and Techniques--Forms § 15.08.