Friday, January 8 @ 12:15pm - 1:15pm
CSDA Office, 835 W Queen St, Southington, CT 06489
Hidden Office Lease Risks that Devalue a Dental Practice
Aaron Gelmon
A dental office is a costly physical plant. The office lease has a significant impact on the long-term value, security, and saleability of a dental practice. In this practical and interactive course, dentists will learn how to identify hidden lease provisions that can create financial and operational risks, while gaining strategies to better protect their practice and strengthen their negotiating position.
Learning Objectives:
- Identify common lease provisions that can negatively impact practice value and saleability
- Recognize risks associated with demolition, relocation, assignment, and landlord termination clauses
- Understand how renewal options, lease term, rental structure, and assignment rights affect long-term practice security
- Avoid common mistakes dentists make when negotiating or renewing an office lease
- Understand how lease terms can directly affect the future sale or transition of a dental practice
- Apply practical strategies to improve leverage when negotiating a renewal, relocation, or new lease
