Contracts
A West Virginia 'right of first refusal' clause in a lease gives the tenant:
AThe right to purchase the property at any time during the lease
BThe right to match any bona fide offer the owner receives before the owner can sell to a third party✓ Correct
CPriority in lease renewal over other potential tenants
DA reduction in rent if the property is sold
Explanation
A right of first refusal gives the tenant the contractual right to match any bona fide third-party offer to purchase the property before the owner can sell it. The tenant must exercise the right within the specified time or lose the opportunity.
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