The Pros And Cons Of Leasing Vs. Buying
Popular wisdom would have you believe it’s better to own than rent. But does that rule still apply when deciding whether to lease or buy your medical office space? The pros and cons of leasing vs. buying are similar for medical entrepreneurs as they are for the general population, with a few important distinctions: Just […]
What to Ask for/Expect in Your Commercial Lease
When negotiating the terms of a commercial lease for your medical practice, you have a lot of power. Unlike residential leases, the terms of a commercial lease are not set in stone and can be tailored to meet the individual needs of each lessee. Here is what to look for and what to expect from […]
What is a Commercial Lease?
If you choose to rent office space for your medical practice, the terms of your rental agreement will be outlined in a commercial lease. Much like a residential lease, a commercial lease is an agreement between a tenant and a landlord. The main difference is that with a commercial lease, you have permission to conduct […]
What is a Medical Commercial Building?
A medical commercial building offers medical professionals the opportunity to lease or buy office space that is customized to suit the specific needs of their practice. Some medical commercial buildings are dedicated medical centers, where all or most of the on-site offices are medical in nature. If you’re a chiropractor, for instance, you might purchase […]