In situations where one dentist has an existing space but is not utilizing the space on a full-time basis, it may be beneficial to enter into a space sharing agreement with another dentist. In these types of arrangements, the landlord usually needs to be consulted and the parties need to agree on the terms of their space sharing agreement.
A space sharing arrangement should cover a variety of topics, including: compensation to be paid from one party to the other, responsibility for utilities and supplies, insurance coverages, patient ownership, phone number utilization, employee sharing, and other relevant topics.
Robert Sanders can assist dentists in drafting and negotiating space sharing agreements.