Negotiate billboard agreement

[Roman Romaniuk]

Hello everyone! 

I recently purchased duplex, with billboard on the land, facing 5 freeway in SD downtown area. Billboard lease agreement is end this November, and billboard company already reached me out regarding renew agreement, but I have no idea how to get the most out of it.

Is negotiation should be outsourced to professional, or should I try to do it myself? 

Any advices what to do/ and what not to do. 

Thank you!  

[Bill Exeter]

Hi @Roman Romaniuk, 

Lease agreements (or easements or purchases) of billboards are very different from your typical lease.  I would seek out professional help to ensure they watch out for your best interests.  I would look for a real estate attorney that has experience with these types of leases. I might have a law firm here in San Diego that might be able to help.  I'll reach out to see if they have experience in this area.