What statement must be included in agreements between a dentist and a management company?

The statement that must be included in agreements between a dentist and a management company is the one that advises the dentist of their right to have the contract reviewed by their own legal counsel prior to signing. This serves a critical purpose in promoting transparency and protecting the interests of the dentist. By encouraging legal review, it ensures that the dentist fully understands the implications and responsibilities outlined in the contract, which can be central to the management of their practice, finances, and patient care.

Such a statement helps foster an informed decision-making process and is particularly relevant in the dental field where management agreements can significantly impact practice dynamics. Including this provision also reflects ethical practices and highlights the importance of due diligence. It is essential for individuals entering contractual relationships, especially within healthcare settings, to seek independent legal advice to safeguard against potential issues or disputes arising later.

In contrast, notarization is not a standard requirement for such agreements and binding duration may vary significantly based on the specific terms negotiated between the parties. Moreover, indicating that legal counsel review is optional undermines the importance of having professional guidance when entering into complex contracts.