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.

Look Before You Sign

This article, "Review Medical Office Lease Before Signing", discusses some common provisions found in medical office lease agreements between landlords and physicians. The article urges physicians looking to sign a lease to read the contract carefully, and suggest alterations to provisions if need be. Overall, the article warns against contract language that can lead to a misunderstanding or may permit the physician to be overcharge.