"Billboard Lease Agreement Template"

What Is a Billboard Lease Agreement?

If you are a real estate owner of billboard space, you will want to use a Billboard Lease Agreement every time an advertiser or company wishes to use the billboard space. Alternatively, you might be interested in building a billboard space on land and will need to work with the property owner on the terms of an agreement.

A printable Billboard Lease Agreement template can be downloaded through the link below. This agreement will outline all aspects of the billboard lease, such as the billboard lease rates and leasing conditions.

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How to Write a Billboard Lease Agreement?

Make sure to include the following information when writing a Billboard Lease Agreement:

  1. The contact information of both parties involved in the billboard lease (the owner and the lessee).

  2. A description of the billboard, including the address where the billboard is located and the dimensions of the advertising space.

  3. The cost of rent for the billboard lease. You can set the expected rate payments on a monthly, quarterly, or yearly basis and when the rent will need to be paid. Include how the lessee will pay the property owner (such as by check or digital payment) and if a security deposit will be due at the time the Billboard Lease Agreement is signed. You will also want to include any additional provisions, such as grace periods, late fees, or charges for damages made by the lessee to the billboard property (that are beyond normal wear and tear of the space).

  4. Outline how the lessee is allowed to use billboard space and any restrictions for what the lessee is allowed to use the billboard for. For example, you can forbid the lessee from using the space to promote hate speech, slander, or other illicit activities and reserve the right to terminate the agreement if the lessee does not abide by the terms.

  5. Describe how the lessee will be able to access the property to maintain their advertisement and if the property manager will supply lighting and power to the billboard as part of the rental cost. The lessee will also have the right to use the space for the entirety of the length of the signed agreement.


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Billboard Lease Agreement
This Billboard Lease Agreement (hereinafter referred to as the “Agreement”) is entered
into as of ____________________, by and between _________________________, with
a mailing address of _______________________________________________________
__________ (hereinafter referred to as the “Lessor”) and _________________________,
with a mailing address of ___________________________________________________
__________________ (hereinafter referred to as the “Lessee”), collectively referred to as
the “Parties,” both of whom agree to be bound by this Agreement.
The Lessor shall convey to the Lessee the use of the premises at ____________________
_______________________________________________________________________.
The Lessor agrees to lease the aforementioned premises to the Lessee for the sole
purpose of erecting, displaying and maintaining a billboard. The Lessor retains the right
to access, lease or build upon other portions of the property.
The
term
of
this
lease
shall
be
from
____________________
until
____________________ at midnight on each date. The Lessee will retain a renewal
option until ______ days before the termination date. At that time, the renewal option
will be withdrawn.
The Lessee is obligated to pay Lessor a total of $____________________ for the rights
conveyed under this lease. The amount will be paid in ____________________. The
Lessee shall be responsible for maintaining the property in clean working order at
Lessee's expense during the term of this lease.
The Lessee shall construct only ______ billboards. All construction, lighting and display
materials shall be provided at the sole expense of the Lessee and shall remain the
Lessee's sole property.
The Lessee shall indemnify and hold harmless the Lessor in the event of any claims,
damages, loss or expense that occurs during the rental term. The Lessee shall maintain all
liability insurance on the billboard.
The Lessee ____________________ have the right to sublease the premises during the
rental term. During that time, the Lessee shall maintain responsibility for all
aforementioned obligations.
The Lessor shall have the right to terminate the lease with a ______ notice under the
following conditions:
1. The Lessee violates any of the aforementioned conditions.
©
TEMPLATEROLLER.COM
Billboard Lease Agreement
This Billboard Lease Agreement (hereinafter referred to as the “Agreement”) is entered
into as of ____________________, by and between _________________________, with
a mailing address of _______________________________________________________
__________ (hereinafter referred to as the “Lessor”) and _________________________,
with a mailing address of ___________________________________________________
__________________ (hereinafter referred to as the “Lessee”), collectively referred to as
the “Parties,” both of whom agree to be bound by this Agreement.
The Lessor shall convey to the Lessee the use of the premises at ____________________
_______________________________________________________________________.
The Lessor agrees to lease the aforementioned premises to the Lessee for the sole
purpose of erecting, displaying and maintaining a billboard. The Lessor retains the right
to access, lease or build upon other portions of the property.
The
term
of
this
lease
shall
be
from
____________________
until
____________________ at midnight on each date. The Lessee will retain a renewal
option until ______ days before the termination date. At that time, the renewal option
will be withdrawn.
The Lessee is obligated to pay Lessor a total of $____________________ for the rights
conveyed under this lease. The amount will be paid in ____________________. The
Lessee shall be responsible for maintaining the property in clean working order at
Lessee's expense during the term of this lease.
The Lessee shall construct only ______ billboards. All construction, lighting and display
materials shall be provided at the sole expense of the Lessee and shall remain the
Lessee's sole property.
The Lessee shall indemnify and hold harmless the Lessor in the event of any claims,
damages, loss or expense that occurs during the rental term. The Lessee shall maintain all
liability insurance on the billboard.
The Lessee ____________________ have the right to sublease the premises during the
rental term. During that time, the Lessee shall maintain responsibility for all
aforementioned obligations.
The Lessor shall have the right to terminate the lease with a ______ notice under the
following conditions:
1. The Lessee violates any of the aforementioned conditions.
©
TEMPLATEROLLER.COM
2. _______________________________________________________________.
3. _______________________________________________________________.
The Lessor shall have the right to terminate the lease with a ______ notice under the
following conditions:
1. Any present or future laws prevent the display or maintenance of the billboard.
2. Conditions arise that significantly change the traffic around or awareness of the
billboard.
3. _______________________________________________________________.
4. _______________________________________________________________.
Upon expiration or termination of this lease, Lessee shall return the property to Lessor in
substantially the same condition in which the property was received by Lessee.
The Parties agree that this Agreement shall be governed by the laws of
_____________________.
State
The Parties agree to the terms and conditions set forth above as demonstrated by their
signatures as follows:
_________________________________
_________________________________
Franchisor’s Printed Name
Franchisee’s Printed Name
_________________________________
_________________________________
Franchisor’s Signature
Franchisee’s Signature
_________________________________
_________________________________
Date
Date
©
TEMPLATEROLLER.COM
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