Provided by:  Jennifer Kirschenbaum, Esq.

April 29, 2021


Hi Jennifer, 

I am thinking of selling my practice. Is it normal to agree to an exclusivity period where I will not talk to other potential buyers? The non disclosure agreement I was given says that. 

Dr. L


Yes.  An exclusivity period is normal, depending on the length. Most potential buyers will look for adequate time and access to your practice to make a deal, since the buyer is spending time and money considering whether to purchase. 60-120 days are in the range of "normal".  Language in the NDA may be tricky, so be sure to send over for review.