Property Ownership
In Tennessee, a 'right of first refusal' gives the holder the right to:
APurchase the property at a price set by an appraiser
BMatch any third-party offer before the owner accepts it✓ Correct
CRefuse to sell the property to any buyer
DFirst access to the property for inspection purposes
Explanation
A right of first refusal allows the holder to match a third party's offer and purchase the property on the same terms before the owner may accept the third-party offer.
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