The Billboard Easement Agreement serves as a crucial legal instrument in the outdoor advertising industry across the United States. This document is essential when a billboard operator seeks to establish advertising structures on property owned by others. The agreement details the specific rights granted, compensation terms, maintenance obligations, and compliance requirements with various regulatory frameworks. It's particularly important for ensuring compliance with the Highway Beautification Act and state-specific outdoor advertising regulations while protecting both the property owner's and billboard operator's interests.
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1. Parties: Identification of property owner (grantor) and billboard operator (grantee)
2. Background: Context of the agreement and property description
3. Definitions: Key terms used throughout the agreement
4. Grant of Easement: Specific rights being granted and description of easement area
5. Term and Termination: Duration of easement and conditions for termination
6. Compensation: Payment terms and schedule
7. Maintenance and Operations: Responsibilities for billboard maintenance and operation
8. Compliance with Laws: Obligation to comply with applicable regulations
1. Insurance Requirements: Details of required insurance coverage and obligations of both parties
2. Environmental Provisions: Specific environmental obligations and protections required for the billboard operation
3. Access Rights: Detailed terms governing access to the billboard for maintenance and operations
4. Digital Display Provisions: Special terms and conditions specific to digital billboard displays
1. Schedule A - Property Description: Legal description of property and easement area including metes and bounds
2. Schedule B - Site Plan: Detailed diagram showing billboard location, dimensions, and access routes
3. Schedule C - Permits and Approvals: Copies of all required governmental permits and approvals
4. Schedule D - Payment Schedule: Detailed compensation terms including payment amounts and dates
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