Thursday, April 25, 2024

Editors’ Picks

Tuesday, December 28, 2021 Tue, Dec 28, 2021

Legal Implications of Billboard Leases on Tribal Land (Billboard Insider)

Think you can write a lease with a tribe and be done with it? Not so fast, especially if the tribe hasn’t qualified under the Hearth Act. The Hearth Act is a federal law passed in 2012 which allows Indian tribes to write business leases for a primary term of 25 years and with 2 extensions of 25 years without having to get Bureau of Indian Affairs review and approval. […]

billboardinsider.com
Tue, Dec 28, 2021 at 12:17 PM

Monday, December 27, 2021 Mon, Dec 27, 2021

How to determine a fair market value for a billboard site lease (Billboard Insider)

By Andy Goodman. So the question here is how do I know that I’m getting fair market value rent for my billboard.  When I’m working with a landowner I’ll ask the billboard company to provide the historical financials for a sign for the past three years.  Pre-covid I can see the revenue generated by the billboard.  Then I can see what type of hit they took during Covid.  Coming out of Covid what I’m hearing is that business has been extremely good, so the revenue should reflect that. […]

billboardinsider.com
Mon, Dec 27, 2021 at 6:08 PM

Something happened in the District of Colorado Court pertaining to billboard regulations. I wish somebody could explain it in plain words [Ed] (Source: Billboard Insider)

On December 6, 2021 the US District Court for the District of Colorado dismissed a request by Street Media Group and Turnpike Media to throw out Colorado’s billboard regulations. Street Media Group and Turnpike Media argued that Colorado State Department of Transportations sign rules were unconstitutional because they were impermissibly vague and content based. […]

billboardinsider.com
Mon, Dec 27, 2021 at 5:15 PM

Sunday, December 26, 2021 Sun, Dec 26, 2021

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