Contracts
A right of first refusal gives a party the right to:
ARefuse all offers on a property
BMatch any offer the owner receives before the property is sold to a third party✓ Correct
CPurchase the property at any time for a fixed price
DOccupy the property before paying
Explanation
A right of first refusal gives the holder the right to match any third-party offer the owner receives before the owner can accept that offer. It does not lock in a price — it just grants the first opportunity to purchase.
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