How to Negotiate Your Dental Office Lease

Image courtesy of Stuart Miles / freedigitalphotos.net

Image courtesy of Stuart Miles / freedigitalphotos.net

One of the most valuable assets of a health care practice is its location. If you do not own that location, it is extremely important that you secure the value of this key asset through a well-drafted medical office lease. To help you with this process, here are nine important points to keep in mind when negotiating a lease for your health care practice.

1.  Remember That Everything is Negotiable.

Both landlords and brokers are notorious for telling prospective tenants that “everyone has signed this lease,” “it’s just a standard form,” or “no one ever negotiates my lease.” This simply isn’t true. Sophisticated tenants always negotiate their leases, and any term in a lease should be open to discussion. Remember that most leases are drafted by the landlord, and most landlords fill their leases with terms that are extremely favorable to the landlord, usually at the expense of the tenant. Continue reading

How Much Rent Should You Pay for Your Office Space?

Image courtesy of Savatore Vuono FreeDigitalPhotos.net

Rent paid for office space can be one of the most significant costs of operating a business, yet it is often difficult to determine if you are paying too much or too little.  This article provides a few tips to help you determine how much you should pay, as well as some advice on negotiating the rental provisions of your lease. Continue reading