Billboard Lease Agreement Template

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Free billboard lease agreement template for advertising space rentals, signage rights, maintenance obligations, and property use terms. Copy, customize, and download instantly.

A billboard lease agreement outlines the terms under which a property owner grants advertising or signage rights to another party for the placement and operation of a billboard. This template is useful for landowners, advertising companies, commercial property operators, and businesses managing outdoor advertising installations.

When To Use

Use this template when leasing land or property space for billboard placement, outdoor signage, or advertising displays. It is commonly used for roadside advertising, commercial property signage, highway billboard installations, and long-term advertising arrangements.

Template

BILLBOARD LEASE AGREEMENT

This Billboard Lease Agreement (“Agreement”) is entered into on [Date] by and between:

Lessor:
Name: [Lessor Full Name or Company Name]
Address: [Address]
Phone Number: [Phone Number]

and

Lessee:
Name: [Lessee Full Name or Company Name]
Address: [Address]
Phone Number: [Phone Number]

1. LEASED PREMISES
The Lessor grants the Lessee the right to use the following portion of the property (“Premises”):

Property Address:
[Street Address, City, State, ZIP]

Description of Billboard Area:
[Describe the location, dimensions, access points, easements, or placement area]

2. PURPOSE OF LEASE
The Premises shall be used solely for the installation, operation, maintenance, and display of billboard advertising structures and related equipment.

The Lessor reserves the right to continue using, leasing, or developing other portions of the property that do not unreasonably interfere with the billboard operations.

3. TERM OF LEASE
Lease Start Date: [Start Date]
Lease End Date: [End Date]

The Lessee may renew this Agreement by providing written notice at least [Number] days before the expiration date.

4. RENT AND PAYMENT TERMS
The Lessee agrees to pay the following compensation to the Lessor:

[ ] Lump Sum Payment: [$Amount]
[ ] Monthly Rent: [$Amount] per month
[ ] Annual Rent: [$Amount] per year

Payment Schedule:
[Describe due dates and payment method]

5. BILLBOARD INSTALLATION AND MAINTENANCE
The Lessee agrees that:

- All billboard construction, lighting, signage, and equipment shall be installed at the Lessee’s expense
- Billboard structures and advertising materials shall remain the property of the Lessee unless otherwise agreed
- The Premises shall be maintained in a reasonably clean and safe condition
- Maintenance and repairs shall be performed at the Lessee’s expense

Maximum number of billboard structures permitted:
[Number]

6. INSURANCE AND LIABILITY
The Lessee agrees to maintain appropriate liability insurance related to the billboard operations.

The Lessee agrees to indemnify and hold harmless the Lessor from claims, damages, liabilities, or expenses arising from the Lessee’s use of the Premises, except where prohibited by applicable law.

7. SUBLEASING AND ASSIGNMENT
The Lessee:

[ ] May sublease or assign rights under this Agreement with written consent
[ ] May not sublease or assign rights under this Agreement

Any approved sublease or assignment shall not relieve the Lessee of obligations under this Agreement.

8. TERMINATION
The Lessor may terminate this Agreement upon [Number] days written notice if:

- The Lessee materially violates the terms of this Agreement
- Required payments remain unpaid
- Applicable laws or regulations prohibit billboard operation
- Significant environmental, traffic, zoning, or access changes materially affect billboard use
- Other conditions agreed by the parties:
[Insert additional termination conditions]

9. RESTORATION OF PROPERTY
Upon expiration or termination of this Agreement, the Lessee agrees to remove billboard structures and restore the affected property to substantially the same condition as before installation, reasonable wear and tear excepted.

10. GOVERNING TERMS
This Agreement represents the full understanding between the parties regarding the lease of billboard advertising space.

11. SIGNATURES
By signing below, both parties acknowledge and agree to the terms of this Agreement.

Lessor Signature: __________________________
Printed Name: _____________________________
Date: ____________________________________

Lessee Signature: __________________________
Printed Name: _____________________________
Date: ____________________________________

Example

BILLBOARD LEASE AGREEMENT

Date: January 15, 2026

Lessor:
Name: Greenfield Commercial Properties LLC

Lessee:
Name: Skyline Outdoor Advertising Inc.

Property Address:
4550 Interstate Parkway, Dallas, Texas

Description of Billboard Area:
Roadside parcel adjacent to Interstate 75 with access easement for maintenance vehicles.

Lease Term:
Start Date: February 1, 2026
End Date: January 31, 2031

Renewal Notice Requirement:
120 days before lease expiration.

Payment Terms:
Monthly Rent: $2,500 per month

Maximum Billboard Structures:
1 illuminated digital billboard.

Subleasing:
Lessee may not sublease without written consent from the Lessor.

Termination Notice:
60 days written notice for material breach or regulatory restrictions.

Lessor Signature: Amanda Lewis
Date: January 15, 2026

Lessee Signature: Daniel Harper
Date: January 15, 2026

Frequently Asked Questions

What is a billboard lease agreement?

A billboard lease agreement is a contract allowing a company or advertiser to use property space for billboard advertising.

Who usually maintains the billboard?

The lessee or advertising company typically handles maintenance, repairs, and operating expenses.

Can billboard leases include renewal options?

Yes, many billboard leases include options to renew the agreement before expiration.

Why are zoning and permit requirements important?

Billboards are often regulated by local zoning laws, signage ordinances, and permitting requirements.

What happens when the lease ends?

The agreement may require the lessee to remove the billboard and restore the property condition.

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