Discover how Right of First Refusal (ROFR) works, offering potential buyers the first chance to purchase an asset. Learn its ...

The right of first refusal in real estate refers to a certain person having the right to purchase real estate for sale before it's offered to other buyers. A first right of refusal clause might be ...

The Affordable Housing Right of First Refusal ordinance, according to a city staff presentation, would allow select organizations (called “qualified organizations”) in the city to have the first ...

What is a right of first refusal clause in a real estate transaction? A right of first refusal, “ROFR,” may be considered a common clause seen in real estate agreements. But the effects of an ROFR can ...