Kansas Right of First Refusal Agreement
Description
How to fill out Right Of First Refusal Agreement?
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FAQ
Where the right of first refusal exists, a Landlord must, under the Act, first offer the premises to the Qualifying Tenants, before offering it on the open market, or for sale by auction. He must serve formal notices on the Qualifying Tenants. These notices are known as Section 5 Notices.
The right of first refusal granted herein shall terminate (i)with respect to any particular First Refusal Space upon the failure by Tenant to exercise its right of first refusal with respect to the First Refusal Space so offered by Landlord pursuant to the terms of this Section1.
Right of first refusal (ROFR) is a real estate term that may be worth bookmarking if you're on the market as a buyer ? especially if there's a property you already have your eye on. Simply put, right of first refusal can help a buyer get priority over other potential buyers.
A right of first refusal provision generally means that if the parent who is designated to have custody or parenting time is unavailable due to other personal commitments, work requirements or for any other purpose, in a right of first refusal situation, the other parent would be offered time with the child or children ...