Right Of First Refusal

right of first refusal represents a topic that has garnered significant attention and interest. Does a "right of first refusal" apply to inheritance or forming a trust .... When we purchased our land from our now neighbor, a right of first refusal was included in the agreement. Does that apply if inherited by my successors. I would like to create a trust including the land with my grandchildren as beneficiaries; would that transfer trigger the ROFR?

Is my right of first refusal only for overnight when mom .... I want to clarify the first right of refusal as per the order. Mom gets off work and picks the kids up around 4:15-4:30 PM daily.

Kids finish school at 140pm and 240pm, and she listed after-school sessions as extra-curricular activities in the weekly updates on Sunday. Building on this, right of first refusal and last will & testament - am I required to .... Depending on where the "right of first refusal" is, and what it says, he might possibly have the same right with the person you leave it to - possibly, but probably not. In general, there are no limits on who you can leave things to in your will, provided that you actually own the thing you are leaving. When you speak to an attorney about drafting your will - and that would be a good idea ...

This perspective suggests that, what does "first right of refusal" mean in layman's terms?? We are renting a venue for a private party. There is a catering service that (in the deed) has "first right of refusal for providing any food/beverages for activities held there." We don't really care for his menu and would prefer to hire someone else.

Estate Right of First Refusal Property? The right of first refusal likely allows you first option to purchase the property at the fair market value, and the FMV would be susceptible to circumstances existing at the time FMV is determined, for example, if the property was marketed during the ROFR period. The particular wording of the ROFR, as well as the balance of the will, would likely steer the discussion. I suggest you seek an ...

First to right refusal,do judges normally not order this if one parent .... I am going through custody court right now we have made agreements on everything except for two things and one of them that I have a question on is the right first refusal. Another key aspect involves, it is something that I want added in our agreement. My condominium bylaws contain a "right of first refusal" clause.

Your question indicates that your development's bylaws contain a first right of refusal; the statute provides that no such provision can be included in any master deed or bylaws ADOPTED after the effective date if the statute. Equally important, so it would be important to know how long ago your development was established as a condominium. Right of First Refusal-is my ex abusing the option? My ex and I have joint physical and legal custody of our 9 year old child.

Moreover, my ex requested and was granted the right of first refusal should I be unable to care for our child for whatever reason. Similarly, does right of first refusal apply to step parents? With a right of first refusal judgment, if the biological parent has to work on their day of custody but the stepparent (actually married to bio parent) is available does the bio parent have to offer the other bio parent right of first refusal.