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 ...

In their Financing column, Andrew H. Levy, senior counsel at DLA Piper, and Benjamin M. Keller, an associate with the firm, review a recent case in New York, which arose in the context of a judicial ...

It's ultimately an automaker's right to choose their business partners — including franchisees — but they need to be diplomatic and communicate clearly with dealers when exercising the right of first ...

ROFR allows priority buying rights, key in real estate to secure strategic assets. ROFR clauses vary in scope and duration, applicable to single or multiple assets. Vici Properties uses ROFR to ...

A right of first refusal is a contractual right to purchase property that arises when the owner decides to sell. The holder of a right of first refusal has a preference to purchase the property over ...

In real estate, a right of first refusal is a contractual right conferred upon a specific party that allows someone to submit an offer on a property before anyone else does. If the prospective buyer ...