The Massachusetts Right of First Refusal to Purchase Real Estate is a legal provision that grants certain individuals or entities the first opportunity to purchase a property before it is sold to a third party. It is aimed at preserving affordable housing, protecting tenants, and maintaining community stability. Under the Massachusetts Right of First Refusal, specific groups or organizations have the option to buy a property at the same price and terms as an offer received from a third party. This ensures that the property remains within the designated group's possession or control, contributing to the preservation of affordable housing options and preventing displacement. There are several types of Massachusetts Right of First Refusal, including: 1. Municipal Right of First Refusal: Municipalities, such as towns or cities, have the power to acquire properties within their jurisdiction under specific circumstances. This allows them to safeguard community interests, prevent gentrification, or pursue development priorities. 2. Tenant Right of First Refusal: This provision grants tenants living in certain types of housing the opportunity to purchase the property before it is sold to someone else. It aims to protect the rights of tenants, provide them with a chance to achieve homeownership, and maintain housing stability. 3. Non-profit and Affordable Housing Organization Right of First Refusal: Non-profit organizations and affordable housing developers may have the right of first refusal on properties that are being sold. This aims to support the creation and preservation of affordable housing by giving these organizations priority in purchasing such properties. The Massachusetts Right of First Refusal is an important tool in maintaining community character, ensuring affordable housing options, and protecting tenants' rights. Property owners need to be aware of these provisions and comply with the legal obligations they entail to avoid potential legal disputes down the line. Additionally, prospective buyers should understand these rights to navigate the purchasing process, particularly in situations involving affordable housing or properties with designated right of first refusal provisions.