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.
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In this episode, dental attorney Joseph McGregor brings you an update on an episode from the vault. Listen to his observations on giving your associates a slice of ownership of your practice, and the impact this can have on performance, loyalty, and long-term growth.
In this episode, dental attorney Joseph McGregor breaks down the differences between leasing and renting an office space.
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