The occasion
What it is usually about
The occasion is usually setting up a practice or taking over an existing one. Joining a group practice is a frequent reason. Investment in equipment is a reason in its own right.
Professional law
Professional-law specifics
In restricted planning areas a practice is not sold freely. Admission runs through the succession procedure under section 103 SGB V.
The professional-law information reflects the position under the relevant professional statutes. Chambers handle individual questions differently; the information from your own chamber is what counts.
The financing
What follows for the financing
Purchase price and admission have to be kept apart. The timetable depends on the admission committee, not on the bank, and the financing commitment has to survive that waiting period.
Getting started
The first step
Work out the range in advance. What the calculator returns is an order of magnitude, not a commitment; how it applies to your case is something we discuss at the appointment.
Arrange an appointment
Bring what you have – we assess what the bank will read into it.