Tuesday, March 22, 2011

The Importance of Holdover Clauses

We know that signing a new lease can be an exciting time for a practice, but that doesn't mean you should not think about the future of your lease as well. An article from MedicalOfficeToday.com, "Dissecting the Lease: Holdover Clauses." discusses the purpose of a holdover clause, how to negotiate for a holdover clause, and how to make the consequences as small as possible. If the thought of paying up to 200% more for rent than usual makes you a bit queasy, then you should take a look at this article.

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