Property Ownership
Missouri agricultural land is frequently sold with a right of first refusal clause allowing the:
AGovernment to buy the land before any private buyer
BAdjacent landowner or tenant to match any offer before the property is sold to a third party✓ Correct
CLender to purchase the land at auction
DCounty assessor to set the price
Explanation
A right of first refusal (ROFR) gives a designated party (often an adjacent farmer or current tenant) the right to match any outside offer before the owner sells to a third party.
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