BILLBOARD LEASING.

This article provides an overview of the billboard industry, specifically focusing on ground leases for billboard purposes. It explains that billboard operators rent space on their signs to advertisers and offer design services and printing. The article discusses the different types of billboards, their sizes and structures, and the regulations and zoning ordinances that govern their placement and construction. It also highlights the risks faced by landowners and billboard operators, including the risk of eminent domain. The document provides information on various aspects of billboard leasing agreements and emphasizes the importance of due diligence, clear lease terms, and precise language regarding rent, content control, termination, and default provisions. Overall, it aims to provide an overview of key considerations for both landlords and tenants involved in a billboard lease agreement. [Extracted from the article]