Selling a dental practice, whether due to a dentist's passing or a planned sale, requires careful legal considerations. Ensuring a successful sale involves understanding financial dynamics, representation warranties, and post-closing obligations. Special attention must be paid to post-sale employment agreements, indemnity clauses, and non-compete covenants. Unique to dental practice sales is the challenge of securing patient records as collateral due to ethical constraints. In cases of a dentist's demise, non-dentists can manage practice ownership temporarily, preserving its value by engaging dentists until lawful transfer is possible. Legal nuances in these scenarios demand strategic navigation for successful practice transfers.
Schulte, Daniel JD
"Dentistry and the Law: Some Legal Considerations When Selling a Practice,"
The Journal of the Michigan Dental Association: Vol. 102:
4, Article 5.
Available at: https://commons.ada.org/journalmichigandentalassociation/vol102/iss4/5