Buying a Dental Practice: Dentist Business Lawyers – What we do greatly

Although medical and dental fields may have some specifications when it comes to business acquisitions, the legal foundation and steps are the same as other business acquisitions. Stage 1: Letter Of Intent A letter of intent is a letter that outlines key terms and conditions of the purchase of the dental clinic. It is not the Agreement of Purchase and Sale itself. It is, as explained in our article for the purchase of medical practices, an agreement to agree. It must be drafted by a lawyer because it can be legally binding, which means that it will impose legal obligations on...

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