CRE Insider Blog

Welcome to the CRE Insider Blog, a source of info and insights from First American’s leading real estate experts.

Mortgagee a Bona Fide Purchaser Not Subject to a Right of First Refusal Held by the Lessee of an Unrecorded Lease

By Mike Berey on February 22, 2017
The seller represented in a contract of sale that a commercial lease at the property to be conveyed did not contain a right of first refusal to purchase (“ROFR”). The sale closed; the purchaser obtained loans from Signature Bank secured by two mortgages.
Read More

Topics: Unrecorded Lease Right of Refusal

Subscribe for Updates

Subscribe to First American's CRE Insider Blog for thoughtful posts from the frontlines of our dynamic industry and First American's efforts to improve the real estate transaction for all parties involved.

×