North Dakota Lease of Property for the Erection of Billboards for Advertising Purposes refers to a legal agreement between a property owner and a billboard company in the state of North Dakota. This lease outlines the terms and conditions under which the property owner grants permission for the erection and operation of billboards for advertising purposes on their property. Keywords: North Dakota, lease, property, erection, billboards, advertising purposes. There may be different types of North Dakota Lease of Property for the Erection of Billboards for Advertising Purposes, including: 1. Standard Lease Agreement: This is a basic agreement that defines the rights and responsibilities of the property owner and the billboard company. It covers aspects like lease duration, rent payment, maintenance responsibilities, and legal obligations. 2. Ground Lease Agreement: If the billboard company does not own the land but wishes to erect billboards on someone else's property, a ground lease agreement is utilized. This form of lease outlines the terms for using the ground, including the specific location, size, and design of the billboards. 3. Digital Billboard Lease Agreement: With the increasing popularity of digital advertising, some property owners may opt for leasing their land for digital billboard purposes. This lease agreement specifies the technical requirements, such as electricity supply and maintenance of digital billboards. 4. Roadside Billboard Lease Agreement: Roadside billboards are often considered highly valuable due to their potential for attracting a large audience. This lease agreement focuses on the specific requirements and regulations associated with roadside billboards, including visibility, size, and safety measures. Overall, the North Dakota Lease of Property for the Erection of Billboards for Advertising Purposes serves as a legally binding document that protects the interests of both the property owner and the billboard company. It ensures a mutually beneficial arrangement that allows the billboard company to advertise their products or services while providing a source of income for the property owner through rent payments.