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So if an offer comes in, the Andersons will have 48 hours from the time they are notified to either cancel their contract with the Smiths or to Right of first refusal is a legal agreement that gives someone the right to make the first offer on a home or equal any other offer the seller receives. These Are The Earliest Signs of Alzheimer’s Disease
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What First Right of Refusal Means for Contingent Offers Right of first refusal in real estate (ROFR) is a contractual clause that gives the right holder the first opportunity to make an offer to buy the property. Understanding the 48hr/72hr Contingency Addendum how navigate the transaction.
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