Right of First Refusal
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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
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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 […]