Are you a physician planning to buy or sell a medical practice in Ontario?
There’s so much at stake through the entire process of buying or selling a medical practice. Prior to completing your purchase or sale, it’s important to have the office lease properly reviewed to ensure that there are no hidden risks, and that the ‘assignment of the lease’ occurs properly, protecting the interests of both parties along the way. The best way to do this is by seeking help from professionals.
Contact us today for your complimentary consultation with a healthcare expert.
Ensuring You and Your Practice Are Protected
At Cirrus Consulting Group, we offer physicians Practice Assignment and Lease Acquisition consulting services to ensure our physicians are well prepared for any lease transition. A strong lease can set you up for a long and profitable career by offering security and protection. Let our leasing experts help you through this critical and detail-sensitive step in your career so you can protect yourself, your family, and your investment.
Critical Issues to Consider When Buying or Selling a Medical Practice
When a medical practice changes ownership, so must the lease agreement; it needs to move from the name and control of the selling physician, to the name and control of the buying physician. Some key concerns to keep in mind when buying or selling a medical practice include:
Don’t let these critical issues surface when it’s too late. For a smooth risk-free medical practice assignment or lease acquisition, it’s imperative that your lease agreement, and the terms and clauses within it, are set up to protect your investment well into the future.
Whether you are the buyer or seller, some of the key questions/issues you want to address are:
Trust the experts at Cirrus Consulting Group who for over 20 years have represented, protected, and saved physicians like you from suffering the consequences of a bad lease.