The right of first refusal in real estate refers to a certain person having the right to purchase real estate for sale before it's offered to other buyers. A first right of refusal clause might be ...

The University of Maryland, College Park, and the state’s four historically Black institutions are set to have a right of first refusal for certain academic programs beginning July 1, but legislators ...

Mayor Jacob Frey has vetoed an ordinance that would give certain organizations the right to first express interest and to make an offer on select rental housing, according to a veto letter released by ...

Legislators seem to like rights of first refusal, but they may cause more complexity and burdens than they're worth. Rental apartment buildings are bought and sold regularly. To try to promote ...

Some think Minneapolis’ housing market will be harmed by the right of first refusal ordinance recently passed by the City Council. This photo shows an apartment for rent in south Minneapolis. (Finance ...

The U.S. Department of Justice is asking Iowa lawmakers to reconsider part of an energy bill that would give Iowa utilities the “right of first refusal” for building regional transmission projects.

Rights of first refusal (“ROFR”) and rights of first offer (“ROFO”) are restrictive covenants that a property owner (“Owner”) can place on their property granting a third party (“Holder”) the right to ...