Property Ownership
A Mississippi property owner grants a 'right of first refusal' to a neighbor. This means the neighbor has the right to:
APurchase the property at any time at market value
BMatch any bona fide offer the owner receives from a third party before the owner can sell to that third party✓ Correct
CReject any offers made by third parties
DLease the property for a below-market rate
Explanation
A right of first refusal (ROFR) gives the holder the right to match any bona fide third-party offer before the owner can complete a sale to that third party. It does not give the holder the right to buy at any time — the right is triggered only when the owner decides to sell.
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