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  • Waiver Of Right Of First Refusal Condo Form

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REQUEST OF WAIVER OF RIGHT OF FIRST REFUSAL TO PURCHASE FORM I/We , the undersigned, in accordance with Article Viii, Section 1 and 9 of the Bylaws of Walcott Valley Townhouse Condominium Association,.

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How to fill out the Waiver Of Right Of First Refusal Condo Form online

The Waiver Of Right Of First Refusal Condo Form is an important document for condominium owners looking to formally request a waiver from their association's first refusal rights. This guide will provide you with clear, step-by-step instructions on how to effectively fill out the form online.

Follow the steps to complete the form accurately and efficiently.

  1. Click the ‘Get Form’ button to access the Waiver Of Right Of First Refusal Condo Form. This action will allow you to obtain the document and open it in an editable format.
  2. Begin filling out the form by providing your name and any co-owners in the section labeled 'I/We'. Make sure to enter this information accurately as it identifies the current owners requesting the waiver.
  3. Enter the unit number and address in the 'Unit # and Address Being purchased' section. Ensure that this information matches the records held by the condominium association.
  4. Fill in the realtor's name in the designated field. This step helps the board identify the point of contact regarding the sale.
  5. Provide the name and address of the prospective purchaser in the respective fields. Accurate details are essential for processing the waiver request correctly.
  6. Indicate the number of occupants who will be living in the unit once it is purchased. This number must comply with occupancy regulations set by the association.
  7. List the number and ages of any children who will be living in the unit, as this may also be considered under occupancy rules.
  8. Specify the purchase price of the unit in the relevant field. Ensure that this matches the agreement made with the prospective purchaser.
  9. Indicate the expected closing date of the sale. This is important for scheduling and processing by the condominium board.
  10. Confirm that the prospective owner has received the Welcome Package, Bylaws, Rules and Regulations, and Master Deed by checking the appropriate statement.
  11. Both the current owner and the prospective owner must sign the form in their respective sections. It is critical that signatures are included for the request to be valid.
  12. Enter the date on which the form is signed. This date is necessary for record-keeping purposes.
  13. Before submitting, contact the association treasurer to verify any unpaid common fees and attach the required fee of fifty dollars.
  14. Save your changes, then proceed to download, print, or share the completed form as needed for submission.

Take the next step in your condominium sale process and complete your documents online.

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The right of the first refusal lease clause or addendum is a legally-binding document that gives a tenant the first right to purchase a property if it goes up on the market.

A right of first refusal is also a legal agreement recognized under Florida law. Here, it is a contract where a right to buy a piece of property is held by a specific party should the owner decide to sell; the party holding the power will have the right to purchase that real estate before any third party can buy it.

Waiver Request Before the seller and the purchaser can complete the sale of the property contemplated by the purchase and sale agreement, the holder of the ROFR must waive the right to purchase the property.

A right of first refusal agreement, also called an ROFR agreement, is a contract where a potential buyer has the right to enter into a business transaction with a person or company before anyone else can. If the party with an ROFR declines to enter into a transaction, the seller is free to entertain other offers.

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.

A right of first refusal requires the proprietor of a property to offer the property to the right holder on similar terms as those presented by that outsider before the proprietor can sell the property to an outsider. First purchase rights are commonly employed in a variety of contractual settings.

What Is the Difference Between Right of First Offer and Right of First Refusal? A right of first offer gives the holder the right to submit the first bid on the potential sale of a property. A right of first refusal gives the holder the right to match or refuse to match an offer that has been made to a seller.

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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