CRE Insider Blog
Welcome to the Commercial Real Estate Insider, insights from First American's real estate experts.

Right Of First Refusal Not Triggered By A Stock Sale

By Mike Berey on December 8, 2020

A lease to a part of certain property granted the tenant an “option to buy”. Notwithstanding this provision, and a “first option to buy” granted by the lease to a person not a party to this action, the fee owner - lessor’s sole shareholder sold her shares to one of the Defendants. 

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Topics: stock sale right of first refusal

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