Offer right of first refusal
Offer right of first refusal: an agreement that gives someone the option to buy a property before it's listed for sale.
Relevant Contract Types
🏢 Right of first refusal
A right of first refusal is a legal right that gives the holder the option to enter into a contract before it is offered to anyone else. This right is typically given to someone who already has a relationship with the person or company who owns the property or asset in question.
🏠 Offer notice
A offer notice is a legal document that outlines the terms of a proposed contract between two parties. It is used to provide an overview of the terms of the agreement, and to ensure that both parties understand and agree to the terms before entering into a binding contract.
Relevant Contract Types
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