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District of Columbia Department of Housing and Community Development Housing Regulation Administration Rental Conversion and Sale Division 1800 Martin Luther King, Jr. Avenue, S.E. Washington, DC

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What is right of first refusal?

Right of first refusal is a contractual right that gives a particular party the first opportunity to enter into a business transaction or purchase agreement before the offer is presented to others.

Who is required to file right of first refusal?

The party designated in the contract or agreement as having the right of first refusal is required to file it.

How to fill out right of first refusal?

To fill out right of first refusal, you need to review the contract or agreement, understand the terms and conditions, and complete the necessary paperwork or forms as specified in the agreement.

What is the purpose of right of first refusal?

The purpose of right of first refusal is to give a certain party an advantage by allowing them to have the first opportunity to secure a transaction or purchase before it is offered to others.

What information must be reported on right of first refusal?

The specific information that must be reported on right of first refusal can vary depending on the contract or agreement, but generally, it should include the details of the transaction or purchase, parties involved, terms and conditions, and any required documents.

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