| Published:14/12/2007 | |
QuestionI am selling my surgery to my GP partner but I do not have a lease agreement with him. Would there be any benefit to me to have a lease drawn up and signed? |
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AnswerYour question really revolves around whether the surgery's value will be higher if a lease is in place. With a lease that is fair and reasonable to both parties, there is unlikely to be a financial benefit to the owner. By fair I mean that the property owner receives all the rent reimbursement and is responsible for external repairs and building insurance. |