Practice Owner and Property Owner Agreement Template

These are practice and property owner agreement templates. Key features include internal valuations that do not require external evaluation of your practice in the event of a retiring partner leaving because of sickness or ill health. The agreement plays devil’s advocate on key issues that affect the daily operation of the practice such as profit sharing, decision making and succession planning. Normally two teleconference meetings are required to complete the agreement.

As with the service agreement template, after many conflicting opinions we have developed a doctor and adviser friendly practice owner and property owner agreement templates. The agreements are in plain English. They are fair and equitable for all practice owners. It deals with the difficult issues of entry and exit arrangements, profit sharing, decision making and succession planning.

The areas covered include:

1. Entry and exit.
2. Pre-agreed practice valuation.
3. Profit sharing.
4. Death and disability.
5. Decision making.
6. Working conditions, e.g. after hours and on call etc.