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Add $500k to Katy Freeway price because of one billboard


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I saw that story just now, too.

Had no idea there was such a thing as a "visibility easement" but it makes sense of you are leasing space for a billboard. And if there is some sort of deed restriction (or whatever it would be called) included with the title to the property, then it's up to the purchaser of the property to deal with it. Reading the story, it sounds to me that somewhere along the way the designers and the engineers just weren't aware of the restriction else it could have easily been taken into account.

Stupidity on the part of TxDOT and Harris County, but I think Clear Channel was right to complain about it and is owed some sort of damages. Stuff happens.

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