Excess Consideration

by | May 13, 2021 | Uncategorized

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

Who Do You Need In Your Dream Team?

When buying or starting a practice, everyone will tell you that you need a team. But who should be on that team? And is it necessary that they have experience in the dental field? And if so, how much experience is enough? In this episode, dental lawyer Joseph McGregor...

0 Comments