1. A buyer is asking for a right-of-first-refusal on more land. We are not comfortable with the offer terminology but afraid to lose the current proposal. Can you help?

      Reader Question: My wife and I own a large tract of land. We want to sell off a one hundred acre parcel. We have a written offer-to-purchase that has been in negotiation for over ninety days. The buyer wants a “right-of-first-refusal (ROFR) should we sell off more land in the future. The offer contains […]