Right of Refusal. If the property is for sale and goes under contract with a buyer, this allows the tenant the option to purchase the property for the same price. The tenant will usually be given 30 or 60 days to secure financing if they choose to purchase the property. Sample
Appears in 19 contracts
Samples: Commercial Lease Agreement, Commercial Lease Agreement, Residential Lease Agreement
Right of Refusal. If the property is for sale and goes under contract with a buyer, this allows the tenant the option to purchase the property for the same price. The tenant will usually be given 30 or 60 days to secure financing if they choose to purchase the property. Sample.
Appears in 5 contracts
Samples: Corporate Housing Lease Agreement, Lease Agreement, Commercial Lease Agreement
