Beware of language which says a billboard is the property of the lessee who erected it: Adams vs Long (Billboard Insider)
Billboard Insider’ Take: If a lease contains this language you better take an assignment of the lease to make sure you step into the lessee’s shoes. An alternative is to sign a new lease which says that the billboard and any additions or replacements to the billboard are yours regardless of whether you installed it or not. Old billboard lease language can get you into trouble. […]
Mon, Nov 1, 2021 at 2:28 PM