An Agreement for Sale of Dental Practice is a legal document that outlines the terms and conditions for the sale of a dental practice. It typically includes information on the purchase price, the payment plan, the transfer of ownership and any contingencies that must be met in order to complete the sale. It is important for both the buyer and seller to carefully read and understand the agreement before signing it. There are two main types of Agreement for Sale of Dental Practice. The first is an Asset Purchase Agreement, which outlines the sale of all tangible assets and property associated with the practice, such as equipment, dental supplies and real estate. The second is a Stock Purchase Agreement, which outlines the sale of the stock of the practice, which includes the intellectual property associated with the practice, such as patient records and trademarks. Both agreements include provisions to protect the buyer and seller in case of unexpected events or breach of contract.