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Category Archive for: "Real Estate"

Category: Real Estate

Letters of Intent (Leases)

You’ve spent time searching for the right dental office space and perhaps invested in a consultant to perform demographic research to help you choose the optimal location. You’ve found the perfect office space and now you’d like to make sure you don’t lose it to someone else. When dealing with a real estate broker, you’ll […]

Categories: Blogs, Dental Use Exclusivity, Office Leases, Permitted Use, Real Estate, Zoning

Be Sure That You Are Permitted to Operate a Dental Office at Your Location

You’ve found the perfect location and have progressed to negotiating the terms of your office lease or the purchase of the property where your office will be operating. While things may seem well and good, a hazard lurks, waiting to be uncovered: due to a use restriction, you can’t open a dental office in the space.

Categories: Blogs, Dental Use Exclusivity, Letters of Intent, Office Leases, Permitted Use, Real Estate, Zoning

Getting a Helping Hand: Tenant Improvement Allowance

Opening your dental practice will involve a substantial investment of your time and money, particularly in the design and construction of many specialized improvements that you’ll need to support your dental equipment. While you may be fortunate enough to find office space that is appropriately plumbed for dental use, typically office space is delivered ready […]

Categories: Blogs, Letters of Intent, Office Leases, Real Estate

Protecting Your Practice: Office Relocation

Consider this scenario: You have an established and successful dental office with a substantial patient base drawn from the area that you’ve cultivated over the years. You also have a substantial investment in customized office space that you built out. One day, you receive a notice from your landlord that you must relocate your office […]

Categories: Blogs, Letters of Intent, Office Leases, Real Estate

Non-Disturbance Clauses in Leases

When you choose a location for your future dental office, you’ll also be picking your future landlord, at least initially. Over time, your landlord may change. A possible case involving a change of landlord is in the case of foreclosure. This happens when the landlord’s lender takes over the lease after the landlord failed to […]

Categories: Blogs, Letters of Intent, Office Leases, Real Estate, Transition Issues

Curb the Competition: Dental Use Exclusivity (Leases)

Your dental practice is a valuable asset and protecting it from competition to the extent possible is crucial. Another dentist opening a competing office next door or down the way can quickly undercut your future business and all that you’ve invested in establishing a successful practice. A competing dentist may capture would-be patients or steal […]

Categories: Blogs, Dental Use Exclusivity, Letters of Intent, Office Leases, Real Estate, Transition Issues

On the Hook: Personal Guaranties

When it’s time to enter into a lease for your dental office space, your practice entity (rather than you, individually) will likely be the tenant under the lease which helps to protect you and your personal assets from the many potential liabilities that your dental practice may have as a tenant. However, this puts your […]

Categories: Blogs, Letters of Intent, Office Leases, Real Estate, Transition Issues

Looking Forward: Lease Assignment

When you’re thinking about building up your dental practice, it pays off to anticipate and plan for events that will likely happen far in the future. And, when it comes to your lease, an important future event to plan for is the “assignment” of your lease in connection with the transition of your practice. Assignment is […]

Categories: Blogs, Letters of Intent, Office Leases, Real Estate, Transition Issues