Right First Refusal Definition With Child Custody

State:
Multi-State
Control #:
US-02510
Format:
Word; 
Rich Text
Instant download

Description

Purchaser desires to obtain a right of first refusal or first option to purchase certain real estate owned by seller and seller agrees to grant purchaser the exclusive and irrevocable right of first refusal and first option to purchase.
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FAQ

Hear this out loud PauseThis means that if the other parent is unable to care for the child for any reason, the parent with the right of first refusal would be contacted first to see if they are available to fill in. This may mean that grandparents or other family members would only handle care for children if the other parent is unavailable.

Hear this out loud PauseA 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? in legal form.

Hear this out loud PauseUnder a right of first refusal clause, if a co-parent must ask someone to care for the kids, such as a babysitter, he or she must first offer the other parent the opportunity. In Ohio, judges may not insert these requirements into shared-parenting agreements without both parents' consent.

Hear this out loud PauseThe right of first refusal in Texas custody cases works like this: * If either parent has a conflict and can't watch their child for any reason, they must first offer the other parent the opportunity to do so. * The other parent can agree to take the child or decline.

Right of first refusal (ROFR), also known as first right of refusal, is a contractual right to enter into a business transaction with a person or company before anyone else can. If the party with this right declines to enter into a transaction, the obligor is free to entertain other offers.

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Right First Refusal Definition With Child Custody