Excess Consideration

by | May 13, 2021 | Uncategorized | 0 comments

Ever wonder what hidden provisions lurk inside your lease, waiting to bite when you least expect it? An increasingly common problematic provision is “excess consideration,” where a landlord may obligate you to hand over whatever you make from the sale of your practice. In this episode Joe McGregor discusses the concept of lease assignments, the reason landlords seek “excess consideration” clauses, and why you should never agree to one.

Related Episodes

Are Restrictive Covenants Enforceable?

If you want to save yourself some time on the most frequently asked question, the answer is “probably.” But, if you want to learn a little more about the when, how, why, and the sometimes why not, then tune in to this episode.

Good Fit

When buying a practice, what do we mean by saying the seller and the buyer are a “good fit?” In this episode, we explore some intangibles to consider when buying a practice, including some slightly controversial topics.

0 Comments

Submit a Comment

Your email address will not be published.