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  • Table Dc Right Of First Refusal Form

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The name of the business may be placed in the address area. 4. Send the Right of First Refusal (Form C) and a copy of the third party sale contract to each .

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How to fill out the Table Dc Right Of First Refusal Form online

Filling out the Table Dc Right Of First Refusal Form online can be straightforward with the right guidance. This form is essential for notifying tenants of their rights regarding the purchase of a rented housing unit.

Follow the steps to complete the form accurately and efficiently.

  1. Press the 'Get Form' button to retrieve the Table Dc Right Of First Refusal Form and open it in your preferred editor.
  2. Begin by filling in the date at the top of the form. Next, enter the name of each tenant living in the accommodation, ensuring accuracy in spelling.
  3. Provide the complete address of the housing accommodation where the tenants reside, ensuring that all necessary details are included.
  4. Input the date of the corresponding Offer of Sale Form. This date is crucial for the timeline associated with the right of first refusal.
  5. Fill in the owner's or owner's agent's address and telephone number. It is important that this information is clear and legible for tenant communication.
  6. Ensure that the owner or the owner’s agent signs their full name on the designated line. For clarity, include a printed or typed version of their name beneath the signature.
  7. Once the form is accurately completed, send it, along with a copy of the third-party sale contract, to each tenant using first-class mail. Note that electronic methods of delivery are not considered valid.
  8. Finally, submit a copy of the filled form and the sale contract to the Rental Conversion and Sale Division, using the address provided on the form.
  9. When all steps are completed, save changes to the form, and consider downloading, printing, or sharing it as needed.

Begin filling out your Table Dc Right Of First Refusal Form online today to ensure timely submission and compliance.

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I. Right of First Refusal ("ROFR") shall mean the Department's right to exercise an option to purchase a Multi-family rental facility at the exact same terms and conditions contained in a bona fide contract of sale that an Owner has received from another buyer except as otherwise provided herein.

Basically, an ROFR clause obligates a seller to contact the rights holder with an option to purchase the property before they can accept an alternate third-party offer on the piece of real property.

A quick primer on TOPA When a multi-family rental property in DC is contracted for sale, TOPA allows tenants the right to refuse the sale and with the help of a third-party developer buy the building at the contracted sale price.

The value of the right of first refusal to the holder at the time an offer was made by a third party should be the difference between the inherent value assumed by the assignee and the offering price by the third party.

A right of first refusal is a contractual right that allows an interested party the first right to purchase a property.

A right of first refusal, different from a right of first offer, gives the right holder the option to match an offer already received by the seller. A right of first offer is said to favor the seller, while a right of first refusal favors the buyer.

The ROFR is part of the stock purchase agreement that is signed during a venture capital fund raise. It requires any shareholder who wants to sell stock - common stock, preferred stock, etc. - to give the VCs the right to purchase those shares before allowing any other party to buy them.

A right of first refusal clause for inclusion in a commercial contract. The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232