Legal Question in Real Estate Law in New York

i bought property with two billboards on it.

did not sign a lease only allowed the sign co to use with a verbal

anther company has approached me and are willing to pay much more then original company and also buy the signs and pay a lease

original company is now claiming that they own the signs that were erected in the 50's

nothing in the title no filed easements or other claims when i purchased

need some advise


Asked on 9/14/10, 9:36 am

2 Answers from Attorneys
Michael Markowitz Michael A. Markowitz, PC

No filed easement or license, the company is out of luck.

I would serve a 30 day notice to the billboard company, letting the company know that their license to have a billboard on your property expires on October 31, 2010. You must not accept rent for October. Thereafter, you would have to commence a summary proceeding against the billboard company for a judgment of possession. Upon obtaining a judgment of possession, you are allowed to remove the signs.

Mike.

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Answered on 9/19/10, 10:40 am
David Ganje Ganje Law Office

Hello,

There is a special licensing and lease agreement used for billboard signs on a client�s property. This protects the client�s property and the client, and provides appropriate limited permission by the billboard tenant to use the bill board for certain purposes.

This answer is provided for your information only to help you understand some of your legal rights. It should not be relied on as legal advice because it is not a substitute for the full consultation and advice of an attorney. Nothing contained in my comments constitutes the establishment of an attorney-client relationship.

David L. Ganje

Attorney at Law

Ganje Law Offices

Two Tower Place

Albany, NY 12203

(518) 437-9000

Fax - (518) 437-9115

[email protected]

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Answered on 9/21/10, 1:49 pm


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