What is a right of first refusal clause in a real estate transaction? A right of first refusal, “ROFR,” may be considered a common clause seen in real estate agreements. But the effects of an ROFR can ...
In a first under New York's right of first refusal law, North Elba residents blocked a private equity firm from buying their manufactured home park.
The New Jersey Superior Court case of St. George's Dragons L.P. v. Newport Real Estate Group illustrates a number of interesting and important points about the drafting and interpretation of ...