First Option to Purchase Sample Clauses - Law Insider
First Option to Purchase. If the owner of a reserved housing unit wishes to sell the unit during the regulated term, the authority or an entity approved by the authority shall have the first option to …
Right of first offer to purchase clause samples - Afterpattern
Landlord grants to Tenant a one-time right of first offer to purchase the property (including the land, the Building, all other improvements and appurtenances thereto) (the “Purchase ROFO”) …
FIRST RIGHT TO PURCHASE Sample Clauses - Law Insider
FIRST RIGHT TO PURCHASE. (a) If at any time the Lessor intends to sell the Property, then the Lessor must grant DHA a first right to purchase the Property on the terms set out in this clause …
Right of First Offer to Purchase Sample Clauses - Law Insider
Right of First Offer to Purchase. The Lease contains a right of first offer to purchase the Premises or interests therein, as more particularly described in Article 44 of the Lease.
Right of First Refusal – Free Legal Forms
EXERCISE OF FIRST OPTION: This right of first refusal or first option to purchase may only be exercised by Purchaser within ten (10) days from notification by Seller that Seller desires to …
Examples of right of first offer clauses in contracts | Afterpattern
Subject to the terms and conditions contained in this Section5, each Rights Holder hereby grants to all other Rights Holders a right of first offer to purchase a Pro Rata Share of any Securities, …
Right of First Offer to Purchase: Key Contract Clause Explained
A "Right of First Offer to Purchase" clause grants a party the initial opportunity to negotiate the purchase of a specified asset before the owner offers it to third parties. If the parties cannot …
Option to Purchase Agreement: What is it? Key Sections
An option to purchase agreement is a legal contract that grants a party the right to buy a property or asset at a specified price within a specified timeframe. The agreement will provide both …
first part (the offer to buy/sell) must be in writing and signed by the offeror or his agent acting on his written authority, but the second part (the undertaking not to revoke the offer for a certain …
What Is a Right of First Refusal in Real Estate? - realtor.com
Aug 6, 2022 · A right-of-first-refusal clause in a leaseholder’s contract gives the leaseholders the right to first dibs on a home they’re living in, should the landlord decide to sell it.