Digital Billboard Lease Agreement

Beware of the terms of the lease, as they vary considerably. Some offer maturities of up to 25 years with rate increases every 5 years – others do not. Are payments monthly or annual? Are you entitled to late or collection fees? If you have to take legal action to collect rent, you have to file a complaint in another jurisdiction? Just like with waterfront real estate, due to typical zoning restrictions, there is only as much display space available. A good leasing rate for a sign on a main road in 2017 might not be as much in 2030, if demand increases over time. All these factors should be weighed ahead of time. Many lease agreements offer a wide easement over the entire land for the display company to access the sign. This can create problems if you want to later sell part of the land or build a building on part of the land. The best practice is to clearly identify the location of any access services and, at the very least, to provide that the owner of the land has the possibility to change, at his discretion, the location of the access function by informing the display company, as long as access is not significantly modified or restricted. Business rates related to the existing or potential billboard upgrade would be taken into account. Amplify would pay all payments and taxes related to the structure, these are not costs that we give to the owner. Please call our team at 01202 670687 today we gladly offer you a free evaluation of your location. First, billboards are still considered by some as the workhorse that generates a great ROI for the advertiser.

This is not the case for other forms of printing. The readership in newspapers and magazines is decreasing every year. In addition, many media companies equip websites on digital billboards. These combine the same technologies used to place ads on the Internet. This transition between traditional and digital billboards offers the lessor the opportunity to obtain a better poster rental contract. This is where Amplify comes into discussion, talk to us today at 01202 670687 and we can talk about the development of new advertising projects. Imagine you rented land to someone who is going to build and wait for billboards, and now the owner of the billboard wants to know if you are providing electricity to light them up.