In light of the recent Manchester City Council v Clear Channel UK Limited, 2004 court case, which found in favour of Clear Channel when they were claiming a protected tenancy by virtue of operating an advertising site, it is now the recommended that all hoarding agreements take the form of a contracted out lease.
Simple licences may still be appropriate in certain circumstances but 'if in doubt, contract out'.
With changes in the court procedures, contracted-out leases are now relatively simple to create and complete without the need to refer to a court for approval.
At clients request, a model TTP lease, contracted-out of The Landlord and Tenant act 1954 Part II, is now available to clients, which saves time and legal fees. This form of agreement can be modified to reflect each specific clients own requirements and approved by their legal advisers in advance.
Never enter into a media contractors standard form of agreement!