Do you know how the right of first refusal works?
Do you know how the right of first refusal works?
Misunderstanding the right of first refusal.
Don’t be afraid to exercise your right of first refusal on a condo sale.
If you reject a purchase price, the decision must be in the best interests of the co-op.
Boards should have “first dibs” rights on any sale or rental of your condo’s units.
Boards can’t pull a rule out of thin air because it would suddenly benefit them.
How do bylaws allow the board’s “designee” to exercise the board’s right of first refusal?
Maintaining value by employing right of first refusal.