Contracts
A Mississippi buyer has a right of first refusal on a neighboring property. This means the buyer has:
AAn option to purchase the property at any time
BThe right to match any offer received by the seller before the seller can accept from a third party✓ Correct
CThe right to purchase the property for its assessed value
DPriority over all other buyers at any future auction
Explanation
A right of first refusal gives the holder the right to purchase the property on the same terms as any offer received from a third party, before the seller can accept that third-party offer.
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