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The Billboard Lease Agreement is essential for businesses engaged in outdoor advertising in the United States. This contract type is specifically designed to protect both property owners and billboard operators by clearly defining their rights and obligations. It covers crucial elements including property access, maintenance responsibilities, revenue arrangements, and regulatory compliance. The agreement must adhere to various federal regulations including the Highway Beautification Act, state-specific outdoor advertising laws, and local zoning ordinances. It's particularly important for ensuring proper permitting, insurance coverage, and liability protection while establishing clear terms for installation, operation, and potential removal of billboard structures.
