PART 3 - Assets, Leases, and Contracts

Assets, Leases, and Contracts

A dental practice is a bundle of tangible and intangible assets tied together by contracts. This post looks at what actually transfers in the sale and the terms that come with it. A single overlooked item — like a short remaining lease — can undermine an otherwise strong deal.

• Equipment, instruments, and technology — inventory, condition, ownership vs. lease, and any maintenance contracts.

• Real estate or premises lease — review assignment rights, remaining term, options to renew, and landlord consent requirements; a short remaining lease can undermine an otherwise good deal.

• Software and patient records — practice management system, data ownership, and a compliant plan for transferring patient records.

• Vendor, supply, and service agreements — identify which continue, which terminate, and which require consent to assign.

• Goodwill and patient lists — the intangible value you are paying for; tie it to retention and transition support.

How West Coast Health Law Can Help

Our practice reviews the leases and contracts that come with a dental practice, secures the consents and assignments you need, and makes sure the assets you are paying for actually transfer at closing.

West Coast Health Law offers a FREE consultation which you may schedule by clicking the button on our website.