The negotiation and drafting of the purchase agreement are crucial stages in the acquisition process. Our commercial lawyers can review and negotiate contract terms including conditions precedent, completion steps, warranties, restraints, apportionments, employee provisions and obligations after settlement. Strong drafting helps the agreement reflect the deal you intend to make.

Buying a medical, dental, psychology, physiotherapy or allied health practice may involve a business purchase agreement, lease assignment or landlord consent, equipment and plant, goodwill, supplier contracts, staff arrangements, patient communication steps and restraint terms. The premises arrangements can be especially important where the practice relies on consulting rooms, treatment areas, car parking, signage, fit-out or shared facilities.

We can assist with the commercial contract, premises and settlement documents, and can identify issues that may need separate health, privacy, Medicare, advertising, patient-record, tax, accounting, finance or valuation advice. We also assist with related commercial leasing, commercial contracts and sale of business matters.

After completion, legal issues may continue around employee arrangements, lease obligations, contract assignments, supplier terms or disputes. We can assist with related commercial contracts, commercial leasing, breach of contract and litigation matters where needed.

If you are considering purchasing a business, contact us to speak with a Sydney business purchase lawyer about the documents and transaction steps you would like reviewed.