Medical Office Today Talks Timeshares With Girardeau And McDermott
By Unknown
The lure of timesharing a medical office can be a compelling one, but attorneys Jill Girardeau and Gary McDermott talk with Medical Office Today about why it can be a complicated endeavor.
In the article, online here, Girardeau and McDermott explain that while there are certainly advantages to using a timeshare office, such as lower overhead and expanding services, the contract and logistics must be carefully thought out.
"I think the trickiest issue is protecting yourself against violations of kickback laws and the Stark Law,” McDermott said. “What might seem reasonable in a typical landlord-tenant scenario can get you in hot water when medical practices are concerned."
Read more...
In the article, online here, Girardeau and McDermott explain that while there are certainly advantages to using a timeshare office, such as lower overhead and expanding services, the contract and logistics must be carefully thought out.
"I think the trickiest issue is protecting yourself against violations of kickback laws and the Stark Law,” McDermott said. “What might seem reasonable in a typical landlord-tenant scenario can get you in hot water when medical practices are concerned."
Read more...
Labels: Gary McDermott, healthcare real estate, Jill Girardeau, Stark Law, timesharing a medical office
3 Comments:
Timeshare scams have been around since the beginning of the timeshare industry, but these frauds weren’t well known until recent years. What happen is that before there were not as many timeshare laws and regulations as there are now (as you can see on the article get out of a timeshare legally so many of the owners just resigned to the fact that they had to keep the timeshare they bought without thinking.
Some people love them, some people hate them, but the truth is that time shares are still one of the best selling products in the travel industry, despite the bad economy. There is lots of misinformation about time shares, yet appearances deceive. What appears to be a “good investment” can become in one of your worst financial enemies. Learn more about time shares and how to use them properly.
Selling fraudulent timeshares is becoming a common practice as is becoming harder to reach the goals timeshare managers have every month.
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