Billboard Lease Template

This Billboard Lease is made on [Date] by and between:

Landlord / Property Owner: [Full Name / Company Name]
Address: [Address]

Tenant / Billboard Operator: [Full Name / Company Name]
Address: [Address]

1. Leased Property

The Landlord leases to the Tenant the right to use the following portion of the property for billboard purposes:

Property Address: [Address]
County and State: [County, State]
Legal Description: [Insert legal description, if applicable]

Description of leased billboard area:

[Describe sign site, dimensions, and exact location on the property]

2. Permitted Use

The leased area may be used for:

☐ billboard advertising
☐ sign structure installation
☐ maintenance and servicing of advertising display
☐ lighting or electrical equipment related to the billboard
☐ other: [Describe]

The Tenant may use the leased area only for the purposes stated in this Lease unless the parties agree otherwise in writing.

3. Lease Term

This Lease begins on [Start Date] and ends on [End Date], unless renewed or ended earlier under this Lease.

Renewal terms, if any:

[Insert renewal terms or write “None”]

4. Rent

The Tenant shall pay the Landlord rent as follows:

Amount: [$Amount]
Payment Frequency:

☐ monthly
☐ quarterly
☐ annually
☐ other: [Describe]

Payment Due Date: [Date or schedule]

5. Billboard Installation and Structure

The Tenant may install, operate, replace, and maintain a billboard or related sign structure on the leased area, subject to the terms of this Lease.

Billboard details, if applicable:

[Dimensions]
[Type of sign]
[Lighting details]
[Digital or static display]
[Other structural details]

6. Access Rights

The Landlord grants the Tenant reasonable access to the property for installation, inspection, maintenance, repair, replacement, and removal of the billboard.

Access terms:

[Describe road access, times of entry, gate use, notice requirements, or restrictions]

7. Permits and Compliance

Responsibility for permits, approvals, licenses, and compliance shall be handled as follows:

☐ Tenant is responsible for obtaining and maintaining all permits
☐ Landlord will assist as reasonably needed
☐ other: [Describe]

The Tenant shall comply with applicable laws, zoning rules, permit conditions, and sign regulations related to the billboard.

8. Maintenance and Repairs

The Tenant shall maintain the billboard, structure, lighting, and related equipment in a reasonably safe and proper condition.

Maintenance responsibility includes:

[Repairs]
[Painting or cleaning]
[Electrical upkeep]
[Structural maintenance]
[Other maintenance]

The Landlord shall be responsible only for the following, if any:

[Insert details or write “None”]

9. Insurance and Liability

The following insurance terms apply:

☐ Tenant shall maintain liability insurance covering the billboard and its operations
☐ Landlord shall be named as an additional insured, if required
☐ other: [Describe]

Each party is responsible for its own acts and omissions under this Lease, subject to applicable law and any insurance coverage in place.

10. Damage and Removal

If the billboard is damaged, destroyed, condemned, or cannot lawfully remain in place, the parties shall handle the matter as follows:

[Describe repair, replacement, rent adjustment, or termination terms]

At the end of this Lease, the billboard shall be:

☐ removed by the Tenant
☐ left in place under separate agreement
☐ handled as follows: [Describe]

If removal is required, the Tenant shall reasonably restore the affected area, subject to the terms of this Lease.

11. Assignment and Subleasing

The Tenant may:

☐ assign this Lease
☐ sublease advertising space
☐ not assign this Lease without Landlord’s written consent
☐ do so only under the following conditions: [Describe]

12. Default and Termination

If either party believes the other has breached this Lease, that party shall provide written notice describing the claimed default.

The receiving party shall have [Number] days to cure the default, if curable.

This Lease may terminate:

☐ at the end of the stated term
☐ upon uncured material breach
☐ if required permits cannot be obtained or maintained
☐ if the billboard is permanently removed
☐ as otherwise stated here: [Describe]

13. Governing Law

This Lease shall be governed by the laws of the state of [State].

14. Entire Agreement

This Lease contains the full understanding between the parties regarding the billboard space and related rights described above and replaces prior discussions on the same subject unless otherwise stated in writing.

15. Signatures

Landlord Signature: __________________________
Name: [Full Name]
Title: [Title, if applicable]
Date: [Date]

Tenant Signature: __________________________
Name: [Full Name]
Title: [Title, if applicable]
Date: [Date]

Notary, if required:

State of [State]
County of [County]

On this [Day] of [Month], [Year], before me, the undersigned notary public, personally appeared [Name of Signer(s)], known to me or satisfactorily proven to be the person(s) whose name(s) are subscribed to this instrument, and acknowledged that they executed the same for the purposes stated herein.

Notary Public Signature: __________________________
Name: [Notary Name]
My Commission Expires: [Date]