Premises Description
Precise description of the sign location, mounting points, dimensions, and GPS or drawing reference so both parties and permitting authorities can identify the leased area.
A properly drafted Commercial Advertising Lease defines rights and liabilities, reduces permit and zoning risks, protects property value, sets payment and maintenance terms, and clarifies removal and restoration obligations. It also provides enforceable remedies for breach and a record of consent for third-party reviewers such as municipalities and insurers.
Ensure each signatory has authority to bind their organization and that corporate resolutions or signed delegation letters accompany corporate signers when required.
A property owner or authorized manager signs to grant the location and to accept liability limits. Confirm the signer has authority under corporate bylaws or ownership documents to avoid later ratification issues.
An advertising firm or franchisee signs to accept rent, permit obligations, content restrictions, and maintenance duties. If the advertiser is an LLC or corporation, provide the exact legal entity name and evidence of signing authority.
Precise description of the sign location, mounting points, dimensions, and GPS or drawing reference so both parties and permitting authorities can identify the leased area.
Firm initial term, renewal options, notice windows, and any right of first refusal or extension pricing mechanics tied to CPI or fixed increases.
Which party secures permits, pays fees, maintains compliance with zoning and local sign codes, and handles violations, fines, or required modifications.
Base rent, percentage or revenue share, payment schedule, late fees, audit rights, and acceptable payment methods, including tax treatment discussion where needed.
Responsibilities for repairs, cleaning, electrical costs, access windows, and safety protocols for installation and routine maintenance work.
Obligations at lease end or termination for removal, site restoration standards, bonding, and who bears costs for property repairs.
| Field | Configuration |
|---|---|
| Sequence | Landlord signs first, then advertiser |
| Attachments | Site plan, electrical drawing, COI required |
| Authentication | Email link + SMS code for signer verification |
| Retention | Archive signed PDF with audit trail |
Preserve an audit trail (timestamps, IP addresses, certificate) and store signed copies in a secure repository that supports long-term retention and easy retrieval.
Allow 2–12 weeks depending on municipality and complexity
Schedule 2–8 weeks after permit approval for contractor availability
Follow lease schedule—monthly or quarterly as stated
Provide notice 60–180 days before term expiration per lease
Supply updated COI before activation or within 30 days of renewal
A property owner rented an elevated billboard site with a ten-year term and percentage rent tied to impressions.
A city transit agency licensed shelters to an advertising operator under a five-year license with maintenance standards.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | No | No | No | No |
| Bulk Send | Yes | Yes | Yes | Yes | Yes |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | No cap | No cap | No cap |