Another area where the right of first refusal is often applicable is real estate deals. When the owner of the property sells it to someone else and the latter wants it sell it to another person in the future, the original owner may have the first right of refusal and the deal must be first offered back to him. All right of first refusal agreements have a specific term within which the rights holder must respond.
You can Download the Right of First Refusal Agreement, customize it according to your needs and Print. Right of First Refusal Agreement Template is either in MS Word, Excel or in PDF.
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