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      • The right of first refusal (ROFR) is a contractual right that can impact your business and future opportunities. Simply put, the ROFR gives the holder of the right the option to enter into a transaction before anyone else. However, the extent of the right, and when it is triggered, depends on the language of the contract.
      www.nolo.com › legal-encyclopedia › what-is-the-right-of-first-refusal

      What is the Right of First Refusal? - Nolo

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  3. www.nolo.com › legal-encyclopedia › what-is-theWhat is the Right of First Refusal? - Nolo

    The right of first refusal (ROFR) is a contractual right that can impact your business and future opportunities. Simply put, the ROFR gives the holder of the right the option to enter into a transaction before anyone else.

  4. www.bankrate.com › what-is-right-of-first-refusalWhat Is The Right of First Refusal? | Bankrate

    Sep 6, 2022 · A right of first refusal is a clause used in contracts that allows one party the first opportunity to make an offer on a property. It is basically “first dibs”...

    • AJ Dellinger

  5. www.upcounsel.com › right-of-first-refusalRight of First Refusal: Everything You Need to Know - UpCounsel

    Feb 1, 2023 · A right of first refusal, also called a ROFR, the first right of refusal, or a last look provision, gives a person or company the opportunity to start a business transaction before anyone else can. It could provide the first chance to buy stocks or real estate at the same price and terms as another offer.

  6. www.forbes.com › what-is-right-of-first-refusalWhat Is A Right Of First Refusal In Housing? – Forbes Advisor

    Oct 29, 2021 · This is a clause in a contract (like a lease) that gives you the option to make an offer and accept the terms of a sale on a home before anyone else can on the public market. However, the seller...

    • Casey Bond

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  8. farzadlaw.com › child-custody › right-of-first-refusal9 Big Facts About Right of First Refusal in Child Custody

    A right of first refusal is a court order that does not allow one parent to place the child in the care of another person without first giving the other parent the first right to care for the child. We call it a right of first refusal because the other parent has the first right to refuse (or accept) the childcare responsibilities.

  9. fitterlaw.com › define-right-of-first-refusalMastering the Legal Definition of Right of First Refusal: A ...

    The right of first refusal, often abbreviated as ROFR, is a contractual agreement between two parties, typically involving the sale or lease of a property. It gives the party with the right the option to purchase the property before the owner can sell it to a third party.

  10. fincent.com › glossary › right-of-first-refusalRight of First Refusal (ROFR): Definition and Examples

    A right of first refusal is a right in a legal contract that offers certain preferential rights to its holder. Agreements containing these clauses can be found in various business contracts, shareholdings, real estate transactions, and tenant-landlord arrangements.

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