Property Ownership
An Alaska property owner who grants a 'right of first refusal' to a neighbor is giving the neighbor:
AAn option to purchase the property at any time
BThe right to match any bona fide offer the owner receives before selling to another party✓ Correct
CAn easement to access the property
DA license to use the property temporarily
Explanation
A right of first refusal gives the holder the right to purchase the property on the same terms as any bona fide offer received from a third party before the owner accepts that offer. It is not a pure option — the holder can only exercise the right if the owner actually decides to sell.
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