Starting a Dental Practice
Any dentist starting a practice will have to make their way through a dental lease negotiation with a landlord. Your dental office lease is one of the most important documents you will ever sign that can cost you hundreds of thousands of dollars if not handled with care. Our expert dental lease negotiators have over 100 years of combined experience helping dentists properly start up their dental practices, ensuring their lease provides long‐term protection, security and fair and affordable terms. Download your Guide to Starting a Dental Practice and the Office Lease, now!
Schedule your complimentary office lease consultation with an expert today!
What happens when you sign a bad lease?
Starting a Dental Practice: What You Need to Know
There are two important parts to getting the dental office lease properly negotiated: 1) The Offer to Lease or Letter of Intent & 2) The Dental Lease Review.
Part 1: The Offer to Lease, or Letter of Intent
This is the short form of your dental lease that mainly addresses economic terms such as rental rates, start date, length of term, options to renew, tenant improvement allowances, deposits, etc.
This is a very important step for anyone starting a practice, requiring extensive research and understanding to help negotiate fair terms. Our dental leasing experts are here to help you through this critical step. Remember, the ultimate goal for landlords and dental practice brokers is to try and get you to agree to the highest rent possible.
Research and a solid dental lease negotiation strategy are critical here, as this will determine how much money you will spend in rent over the next 10 years, perhaps longer; you don’t want to make a mistake.
Part 2: The Dental Lease Review
The next step in the process of starting a practice is reviewing, negotiating, and understanding the dental lease agreement.
The lease is typically a much longer document, always written and presented in a very landlord-favored way. This is the landlord’s tool to make as much money as they can from you, for as long as possible. Your dental lease is filled with terms and clauses that determine how well your practice will be protected over the coming years; let the experts at Cirrus review your dental lease and have a look. Some important questions to ask yourself are:
Our Dental Leasing Services
Critical Dates and Risk Analysis (CDRA), a.k.a. Lease Review
Cirrus Consulting Group offers any dentist starting a practice the Critical Dates and Risk Analysis (CDRA), a.k.a. the Dental Lease Review. This critical review process involves flagging important action dates and identifying hidden risks in your lease. Learn more about our dental lease review services.
Dental Lease Negotiation
Before opening your dental practice, our Dental Lease Negotiators will review and negotiate your lease, acting as the liaison between you and the landlord. We’ll review and analyze your lease, taking care of the entire negotiation process from start to finish. Learn more about our dental lease negotiation services.
Dental Office Lease Date Tracker
No matter where you are in your dental career, one day your dental office lease will expire or hit its renewal date and you’ll have to renegotiate the terms in your lease with your landlord. Never miss an expiry date again, and enroll in our complimentary dental office lease date tracker system. Track your dental lease dates now!
Why You Need Cirrus, Now!
If you’re thinking about starting a dental practice, speak with one of our Dental Leasing Experts about what you need to know before it’s too late.