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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BREAKING NEWS! The FTC has banned Non-Compete Agreements. Dental lawyer Joseph McGregor explains what this means and how it can affect the dental industry.
In this episode, dental lawyer Joseph McGregor explains the ins and outs of getting out of your lease early, why early termination clauses are not typically in leases, and what to do if you’re caught in a funky lease situation.
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