Commercial Lease Protocol
Billboard Ground Lease & Easement Cheatsheet
👁️ Non-Obstruction & Visibility Easement
- ✅ 500-Foot Sight Triangle: Landowner agrees not to construct buildings or signs obstructing highway line of sight.
- ✅ Vegetation Trimming Rights: Operator maintains ongoing right to trim trees within view corridor.
- ✅ Illumination Interference: No competing neon signs or bright floodlights that blind the billboard face.
⚡ Utilities & Electrical Easement
- ✅ Dedicated Sub-Meter / Power Drop: Operator contracts directly with power company for separate meter.
- ✅ Underground Conduit Rights: 10ft utility trench easement across property to main transformer.
- ✅ 24/7 Service Access: Operator maintains unhindered bucket truck ingress/egress to monopole base.
🏛️ Real Estate Taxes & Indemnification
- ✅ Separate Improvement Assessment: Operator pays 100% of property tax increases attributable to the sign.
- ✅ General Liability Insurance: Operator carries minimum $2,000,000 GL policy naming landowner additional insured.
- ✅ Structural Integrity: Monopole engineered to withstand 120+ MPH hurricane wind load requirements.
📜 Term, Renewal & Condemnation
- 💎 Standard Term: 10-20 Year initial term with multiple 5-year automatic renewal options.
- 💎 Right of First Refusal (ROFR): Operator holds matching right if landowner receives third-party lease offer.
- 💎 Eminent Domain / DOT Expansion: Operator maintains separate right to claim sign value in condemnation.