WHY YOU NEED CIRRUS, NOW!
COVID-19 – Rent Deferrals / Abatements: We are helping Dentists today with the cash crunch by structuring rent deferral arrangements with the landlord and solidifying in a proper lease amendment.
Minimize Risks: We’ll help you avoid expensive traps hidden in your dental office lease.
Lease Economics: We’ll work to get you fair and affordable financial terms with your landlord.
Maximize Flexibility: We’ll help enhance your ability to eventually sell and/or transition your practice.
Protect your Investment: With so much at stake, we’ll help you avoid costly surprises and long-term stability.
Save Time and Money: Avoid the time and headaches involved in negotiating your own lease.
CREATING THE PLAN AND EDUCATING OUR DENTISTS
Based on the issues uncovered in your lease analysis, we’ll create a tactical plan on how your lease should be structured. An expert Leasing Consultant will have a call with you to discuss the details of your practice, future career plans, and your individual lease requirements. We’ll take you through a detailed explanation of our findings of potential risks and problems, arming you with the knowledge to protect yourself in your upcoming lease negotiation with your landlord.
WHAT TO EXPECT IN YOUR DENTAL LEASE REVIEW
Cirrus will evaluate and analyze your dental office lease for problem areas, identify any hidden risks, and flag critical action dates. Some of the key issues and clauses our experts look for include:
Unexpected Practice Relocation: Does your office lease give your landlord the right to relocate your practice? If so, is it at your expense, or theirs?
Lease Termination Rights: Can your landlord terminate your lease agreement, and kick you out of the building at any time?
Protection and Security: Is there a death and disability clause in your lease in place to protect you and your family/estate, should something unexpected happen and you’re unable to work?
Term and Options: Does your lease have sufficient term and options to renew?
Renovations and Improvements: Does your lease give you the ability to make changes inside your clinic and upgrade the space? Will you have to remove all of those improvements at some point down the road?
Assignment Provisions: Is there anything in your lease that could affect your ability to transfer or sell your dental practice down the line?