Right of First Refusal

Right of First Refusal

What Is the Right of First Refusal? The right of first refusal (ROFR) in the real estate is a contract that gives a specific right to a party to purchase a particular property. The right of first refusal must have at least three parties: the owner, the buyer, and the option holder. The holder of the […]

Attorney Modification Clauses & Your Real Estate Sale Contract

Attorney Modification clause

They let you cool off. Relax.  You probably blew the deadline & were none the wiser. Chances are that you signed a real estate purchase contract and are having second thoughts. Sometimes realtors like to confuse you and say you should put in an offer – well, that means a contract. So see what Peoria […]