Contracts
A 'right of first refusal' in a Louisiana lease gives the tenant the right to:
ARefuse any rent increase
BMatch any third-party offer and purchase the property before it is sold to another✓ Correct
CExtend the lease term at will
DWithhold rent if repairs are not made
Explanation
A right of first refusal gives the tenant the right to match any bona fide third-party offer to purchase the property before the owner can sell it to someone else.
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