Form-of-the-Week: The Right of First Refusal to Buy — Form 579
A landlord and tenant may agree to grant the tenant a right of first refusal in an addendum to the lease agreement using RPI Form 579.
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Tag: right of first refusal
Form-of-the-Week: The option to buy and its variations — Forms 161, 161-1 and 161-2
A leasing or sales agent uses RPI Forms 161, 161-1 and 161-2 when arranging an option to purchase property.
Read MoreNotice of Decision to Sell Real Estate — For Right of First Refusal — RPI Form 162-2
Download the Form This form is used by a seller’s broker when entering into a listing to sell property on which another person holds a right of first refusal to purchase it, to prepare the notice to the holder of the right...
Read MoreSale Subject to Right of First Refusal — Contingency Addendum — RPI Form 162-1
Download the Form This form is used by an agent when negotiating the sale of a property on which another person holds a right of first refusal to purchase the property, to prepare a contingency provision for waiver of the right...
Read MoreRight of First Refusal — To Acquire Additional Property — RPI Form 162
Download the Form This form is used by a buyer’s agent when negotiating the purchase of one property and concurrently acquiring the right to buy another property when the owner decides to sell it, to prepare the grant of...
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Form-of-the-Week: Right of First Refusal Addenda — Forms 162, 162-1 and 162-2
A seller’s agent uses RPI Forms 162, 162-1 and 162-2 to set notices for a holder of a right of first refusal.
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Is a property owner who leases a property to a tenant who holds a right of first refusal required to notify the tenant and allow them to purchase the property on terms agreed to with a buyer?
J&A Mash & Barrel, LLC v. Superior Court (Tower Theater Properties)
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Word-of-the-Week: Right of First Refusal
A pre-emptive right held by another person to buy a property if the owner decides to sell.
Read MoreRight of First Refusal to Buy – RPI Form 579
Download the Form This form is used by a tenant broker or prospective tenant when negotiating a rental or lease agreement, to provide in an addendum the landlord’s grant to the tenant of a right of first refusal to...
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Form-of-the-Week: Right of First Refusal to Buy and Right of First Refusal to Lease – Forms 579 and 579-1
A leasing agent or prospective tenant uses RPI Form 579 and 579-1 to grant to the tenant a right of first refusal to purchase the leased premises or lease additional space from the landlord.
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