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Web a right of first offer gives the holder the right to submit the first bid on the potential sale of a property. The seller does hereby grant unto the purchaser the exclusive and irrevocable right, during the. A contractual right that gives a specified party the opportunity to purchase or enter. The right to have the first opportunity to.
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Web last modified date: Web grant of first option: Before the property owner accepts this offer, the property holder (the person with the right of first refusal) must be allowed to buy or lease the asset under the same terms offered by. Web right of first refusal (rofr) is a real estate term that may be worth bookmarking if you're on the market as a buyer —.
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