Exploring the World of Corporate Tenancies and Personal Guaranties
Picture this. Your name is Shelly Smith. A few years after graduating dental school, you purchase a dental practice from a retiring practitioner at the edge of town. As [...]
Why Does the Dental Office Lease Matter When I Own the Building?
When you own or purchase the building you practice in, you probably thought there isn't a need to sign a dental office lease for yourself. After all, you are [...]
5 Ways to Gain the Upper Hand in Dental Office Lease Negotiations
As a dental practice owner, you may feel like the underdog when entering into lease negotiations with your landlord, but all you need to gain the upper hand, is [...]
Consent and Reasonableness in the Dental Office Lease
Are you selling your practice? Installing new signage? Remodeling your dental office? Planning to bring in an associate? What do all of these actions have in common? Each of [...]
Case Study: Dr. Daniel R. – Practice Sale and Relocation
Dr. Daniel R. is a General Dentist running a successful practice out of Ortonville, MI. The Problem As building-owners of 35 years, Dr. R. and his wife were growing [...]
The Dangers of the Redevelopment/Demolition Clause
Picture this - after a few years in your new dental office location, you have developed a solid practice culture with staff and patients that you truly enjoy. Your [...]
The “One Size Fits All” Office Lease Doesn’t Work for Dental Tenants
Commercial office leases are often drafted using a “one-size fits all” approach, and with some minor modifications, generally the same lease will govern all tenants in an office building, [...]
Negotiating the Surrender Clause in the Dental Office Lease
Did you know that there is a clause buried in the details of your dental office lease that could force you to spend $250,000 or more on demolition and [...]
Maximizing the Potential of Your Practice with the “Use” Clause
Benjamin Franklin said that "without continual growth and progress, such words as improvement, achievement, and success have no meaning." Growth and progress are key to the success of your [...]
Dental Office Rental Rates Continue to Cost Tenants More
Heading into 2015, the North American economy continues to strengthen, directly translating into lower vacancy rates for commercial properties and leading to higher rental rates and more opportunistic landlords. [...]