Contracts
A 'right of first refusal' clause in a Florida real estate contract gives the holder:
AThe right to purchase the property before it is listed publicly
BThe right to match any bona fide offer before the owner accepts it✓ Correct
CThe right to set the asking price for the property
DThe right to refuse a sale to any buyer they disapprove of
Explanation
A right of first refusal gives the holder the right to purchase the property by matching any bona fide third-party offer the owner is willing to accept. The owner must notify the holder and give them the opportunity to exercise their right before accepting another's offer.
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