First opportunity to purchase definition

First opportunity to purchase means the opportunity by a
First opportunity to purchase means the opportunity by a tenant association or if applicable, a qualified entity to purchase in good faith and without fraud the assisted rental housing at or below its appraised value before such assisted rental housing becomes subject to conversion.

Examples of First opportunity to purchase in a sentence

  • First opportunity to purchase Saturday and Sunday non-reserve spaces is at our Reservation Office, at 7:30 a.m. each Saturday morning.

Related to First opportunity to purchase

  • Community Development Director means the Director of City’s Department of Community Development or his or her designee.

  • Community mental health center or "CMHC" means a facility offering a comprehensive array of community-based mental health services, including but not limited to, inpatient treatment, outpatient treatment, partial hospitalization, emergency care, consultation and education; and, certain services at the option of the center, including, but not limited to, prescreening, rehabilitation services, pre-care and aftercare, training programs, and research and evaluation.