Video Headlines:

The Pros And Cons Of Leasing Vs. Buying

What to Ask for/Expect in Your Commercial Lease

Group Practice vs Private Practice

What is a Commercial Lease?

Market Assessment/Demographic Research

How To Choose A Medical Management Firm

The Mystery Of Medical Transcription

In House Medical Billing vs. Outsourcing

How To Choose A Medical Billing Company

Employee Benefits

Business/Casualty Insurance

Retirement And Estate Planning For Physicians

Events

How to get a DEA license

Merchant Services – ACH Payments

How to Choose a Medical Legal Firm

What Is Money Factoring?

Document Imaging

How to Find a Medical Management Firm

What is a Medical Commercial Building?

Building a Team of Experts

How to Find a Medical Legal Firm

How To Choose A Medical Doctor’s Insurance Company

The Best Software for Doctor’s Offices

How to Choose a Medical Bookkeeper

The Mystery Of Doctor Credentialing

How to Prepare a Cash Flow Analysis

Private Practice vs Hospital

The Mystery Of Medical Transcription

In-House Human Resources vs Outsourced

What is HIPAA Compliance?

Long-Term Care Insurance

HIPAA & OIG Compliance Plans

Life Insurance

Promotions

OIG Compliance

Advertising

Direct Mail Marketing For Your Medical Practice

Capital Funding Needs: Pre-Opening, Opening

Equipment Selection Process

How to Find a Medical Practice Lender (resources)

Medical Office Structure, Layout And Design

Recruiting

How to Purchase a Commercial Building

HITECH Act of 2009

College Savings Accounts

Patient Experience

HITECH Compliance

How To Choose A Medical Collection Company

Medicare And Medicaid Audits

What Is A Marketing Mix?

How to Find a Medical Bookkeeper

The Mystery of Doctor Credentialing

Build Or Buy: In-House Medical Coding Vs. Outsourcing

HMOs vs PPOs

What Is A Merchant Processor?

The Pros And Cons Of Money Factoring

Leasing Medical Equipment Vs Buying

In-House Human Resources vs Outsourced

Types of Commercial Loans for Buying a Commercial Condo

What Is A Commercial Condo?

Determining Location Options

The Medical Coding Company That Could

What is an NPI, difference NPI 1 VS 2?

Purchasing a Commercial Condo

What is Fraud Investigation?

The Mystery Of Medical Coding

What Is Practice Succession Planning?

Overhead Business Expenses

Patient Education

Communication Vs Branding

How to Determine a Timeline to Open Your Medical..

Information Systems and IT for Doctors

In-House Doctor Credentialing VS. Outsourcing

The Medical Coding Company That Could

Practice Publication Marketing

Practice Social Media

Capital Funding Lenders

How To Choose A Merchant Processor

Leasing Medical Equipment

How to Create a Draft of the Employee Handbook

How to Find a Medical Accounting Firm

How To Choose The Right Corporate Structure For Your Medical Practice

Practice Direct Mail Marketing

The Mystery of Medical Staffing

Doctor Credentialing With Hospitals And Insurance Companies

Must-Have Medical Doctors Insurance

How To Choose A Medical Transcription Company

Setup Your Practice

Advertising

What is Money Factoring?

Setting Up a New Practice

Your Medical Practice Opening Check-List

Logo Development

How to Choose a Medical Practice Lender for …

What is Medicare, Medicaid, etc?

Merchant services – credit cards

Mission, Vision, and Values

Asset Protection

Estate Planning

Search
Generic filters
Exact matches only

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 an ideal commercial lease contract:

First, look for a short, 1 to 2-year lease term with the option to renew. You don’t want to be locked in to a long-term lease if the space isn’t right, but you also want the option to stay if the space turns out to be perfect.

Second, make sure there are no hidden maintenance or utility fees. A good commercial lease should clearly state any extra costs you’ll be responsible for. It’s also a good idea to ask to see extraneous costs and charges that have been incurred by past tenants.

Look for any hidden repair fees that have been buried into the terms of your commercial lease. While landlords typically take care of residential repairs, that’s not always the case with commercial landlords. Make sure you understand what you’re responsible for.

Finally, a good commercial lease should include clear language and fair terms when it comes to defaulting on your lease.

If you are unable to make rent payments, the lease should clearly state what will happen and how much time you’ll have to catch up on those payments.

Read your lease carefully and hire a commercial real estate attorney to help you understand any confusing points as well as fight for provisions that may be missing.

Remember that when entering into a commercial lease agreement, you as the tenant have much more negotiating power than you would with a residential lease.

To learn more about securing real estate for your medical practice, follow all of Sherlock Doc’s adventures on Our Website.

google ads management

More Videos

Sybe Credentialing
Doctors Business Network