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right of pre-emption |
A contractual right entitling a person to make the first offer to purchase a property. Also known as the right of first refusal. Some lease agreements provide that the lessee has a right of pre-emption, should the lessor whish to sell the property. Would you like to add another definition for "right of pre-emption" to the Real Estate Dictionary? Terms that closely resemble "right_of_pre_emption":right of pre-emption - A contractual right entitling a person to make the first offer to purchas...0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
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