All Posts Tagged With: "right"
Option Versus First Refusal: What’s The Difference?
It’s been a good time to be a real estate owner in my community. During the past few months several would-be purchasers have approached with offers to buy property we own, even though the properties in question were not listed for sale. It’s flattering to have someone court you, check in hand, seeking your interest [...]
17Sep2008 | Peter G. Miller | 0 comments | Continued
What Is A Right Of “First Refusal?”
A right of first refusal typically allows a buyer to purchase a home by matching another bid. For instance, if Green has a right of first refusal to purchase the Smith house, and Smith receives an offer of $100,000, then Green will be able to buy the property for $100,000. A right of first refusal [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
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