Tag: right-of-first-refusal

  1. I have a " right of first refusal " offer that my attorney says must be fixed now. I am thinking I will accept it " as is ". What would you do?

    Reader Question: I am in negotiations to sell off a portion of my property. The buyer is simultaneously asking for a right of first refusal on a contiguous parcel. The wording in the right of first refusal clause the agent drafted in the offer is one short sentence and leaves many unanswered questions. My attorney […]

  2. 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 […]