Right of First Refusal to Purchase Land
for Your StateThis Right of First Refusal is for use in a real estate transaction between a landowner and a land trust who desires to purchase property. This form gives the land trust the first right to purchase even if another party has made an offer for the same property.
This Right of First Refusal Agreement is between a landowner, who acts as a trustee, and a land trust who desires to purchase the landowner's property. If the landowner receives an offer from a third party to purchase the land, owner agrees not to sell until the land trust refuses to purchase on the same terms as the third party. This agreement sets out all terms of this type of arrangement including details regarding the refusal to purchase. It is imperative that this agreement be clearly set forth in writing. A written Right of First Refusal Agreement will prove invaluable in the event of disagreements or litigation surrounding the purchase of the property.
This Right of First Refusal Agreement (Real Estate) contains the following provisions:
Protect your rights and your property by purchasing this attorney-prepared form.
This attorney-prepared package includes:
This Right of First Refusal Agreement (Real Estate) contains the following provisions:
- Parties: Names of the landowner and land trust/purchaser;
- First Refusal: Land trust is given the right of first refusal if landowner receives another offer for the same land from a third party. The land trust must then purchase the land at the same offer as the third party;
- Signatures: Landowner and land trust must sign this agreement.
Protect your rights and your property by purchasing this attorney-prepared form.
This attorney-prepared package includes:
- General Information
- Instructions and Checklist
- Right of First Refusal Agreement (Real Estate)
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages6
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#43531
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.