Legislators seem to like rights of first refusal, but they may cause more complexity and burdens than they're worth. Rental apartment buildings are bought and sold regularly. To try to promote ...

The right of first refusal in real estate refers to a certain person having the right to purchase real estate for sale before it's offered to other buyers. A first right of refusal clause might be ...

A right of first refusal is a contractual covenant given by one party (the owner) to the holder of the right of first refusal (the holder) that prohibits the owner from selling an asset to a ...

ROFR grants an investor the initial opportunity to buy more shares in a startup before they’re available to others. Table of Contents What Does The Right Of First Refusal (ROFR) Mean In Startup Terms?

Q: My agency is a member of a franchise or consortium organization. The organization recently reminded me that, in our contract, it has a right of first refusal in case we want to sell our agency to ...

Q. The right of first refusal seems like an intangible concept to me. As an officer of a 31-unit condominium, how can this right be applied effectively to anticipated buyers of a unit? What legal ...