Right of First Refusal to Purchase Land

for Your State
5 Reviews

This Right of First Refusal is for use in a real estate transaction between a landowner and a land trust who desires to purchase property. This form gives the land trust the first right to purchase even if another party has made an offer for the same property.

For Immediate Download

$5.99 Add to Cart
Free eSignature included
with every order
Please select a state

File types included

  • Microsoft Word
  • Adobe PDF
  • WordPerfect
  • Rich Text Format

Compatible with

  • Windows
  • Mac OS X
  • Linux

For Immediate Download

$5.99 Add to Cart
Free eSignature included
with every order
Please select a state

Attorney prepared

Our forms are kept up-to-date and accurate by our lawyers

Unlike other sites, every document on FindLegalForms.com is prepared by an attorney, so you can be sure that you are getting a form that is accurate and valid in your state.

Valid in your state

Our forms are guaranteed
to be valid in your state

Our team works tirelessly to keep our products current. As the laws change in your state, so do our forms.

Over 3,500,000
satisfied customers

In over 10 years of creating and selling legal forms, our focus has never changed: providing our customers high quality legal products, low prices and an experience that takes some confusion out of the law.

Free eSignature

Sign your form online, free with any form purchase

We now provide a free Electronic Signature Service to all of our visitors. There are no hidden charges or subscription fees, it's just plain free.

60-Days Money Back

Try our forms with no risk

If you are unhappy with your form purchase for any reason at all, contact us within 60 days and we will refund 100% of your money back.
This Right of First Refusal Agreement is between a landowner, who acts as a trustee, and a land trust who desires to purchase the landowner's property. If the landowner receives an offer from a third party to purchase the land, owner agrees not to sell until the land trust refuses to purchase on the same terms as the third party. This agreement sets out all terms of this type of arrangement including details regarding the refusal to purchase. It is imperative that this agreement be clearly set forth in writing. A written Right of First Refusal Agreement will prove invaluable in the event of disagreements or litigation surrounding the purchase of the property.

This Right of First Refusal Agreement (Real Estate) contains the following provisions:
  • Parties: Names of the landowner and land trust/purchaser;
  • First Refusal: Land trust is given the right of first refusal if landowner receives another offer for the same land from a third party. The land trust must then purchase the land at the same offer as the third party;
  • Signatures: Landowner and land trust must sign this agreement.

Protect your rights and your property by purchasing this attorney-prepared form.

This attorney-prepared package includes:
  1. General Information
  2. Instructions and Checklist
  3. Right of First Refusal Agreement (Real Estate)
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.













Right of First Refusal Agreement
(Real Estate)










This Packet Includes:
1.  General Information
2.  Instructions and Checklist
3.  Right of First Refusal Agreement  











General Information
Right of First Refusal Agreement
(Real Estate)

This Right of First Refusal Agreement is between a landowner, who acts as a trustee, and a land trust who desires to purchase the landowner's property.  If the landowner receives an offer from another party to purchase the land, the owner will not sell the property to the second party until the land trust refuses to purchase it on the same terms of the other prospective purchaser.  This agreement sets out the specific terms of this arrangement including all details regarding the first refusal to purchase.

It is imperative that this type of real estate purchase arrangement be clearly and succinctly set forth in writing.  A written Right of First Refusal Agreement will prove invaluable in the event of disagreements or litigation between the parties.


  



Instructions and Checklist


Right of First Refusal Agreement
(Real Estate)

   Both parties should read the agreement carefully.

   Insert all requested information in the spaces provided on the form.

     The parties should read the "Right of First Refusal" provision carefully.  If there are disagreements, they will likely focus on this provision.

     This form contains the basic terms and language that should be included in similar agreements.   

     This agreement must be signed by the landowner and the land trust.

   The parties should retain either an original or copy of the signed agreement.

   All legal documents should be kept in a safe location such as a fireproof safe or safe deposit box.  




   




DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice. The use of these materials is not a substitute for legal advice. Only an attorney can provide legal advice.  An attorney should be consulted for all serious legal matters.  No Attorney-Client relationship is created by use of these materials.  
THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 

RIGHT OF FIRST REFUSAL AGREEMENT

THIS RIGHT OF FIRST REFUSAL AGREEMENT (this "Agreement"), dated and effective as of the ____ day of __________, 200__, is made

Between:

________, (the "Landowner")

And

_________, (the "Land Trust")

Recitals:

The Landowner owns the real property as more particularly described on hereto and incorporated by this reference, located in ________ (the Property). The Landowner desires to give, grant, bargain, sell, and convey to Land Trust certain rights to purchase the Property on the terms and subject to the conditions set forth herein. Accordingly, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1.   Right of First Refusal. In the event Landowner shall receive a bona fide offer for the purchase of the Property at any time after the date hereof [and before the Expiration Date as hereinafter defined], and the offer of purchase shall be acceptable to Landowner, Landowner will not sell the Property or any portion thereof without first offering the Property to Land Trust pursuant to this paragraph. Landowner shall give Land Trust the right to purchase the Property at the price and on the terms of the offer so made. This right shall be extended by Landowner giving written notice of the offer by registered mail to Land Trust, requiring Land Trust to accept the offer in writing and to sign a purchase agreement within forty-five (45) days after the mailing of the notice. In the event that Land Trust does not purchase the Property on the terms set forth above, then the Right of First Refusal granted herein shall lapse.

2.   Burden of proof and Benefit of the land. The covenants and agreements contained herein shall be binding upon and insure to the benefit of the successors and assigns of the respective parties hereto. No party may assign this Agreement without the consent of the other party.

3.   Severability of Provisions. Each provision of this Agreement shall be considered severable, and if for any reason any provision that is not essential for the basic purposes of the Agreement is determined to be invalid and contrary to any existing or future law, such invalidity shall not impair the operation of or affect those provisions of this Agreement that are valid.

4.   No Waiver. None of the parties hereto shall be deemed to have waived any rights hereunder unless such waiver shall be in writing and signed by such party. The waiver by any party of any breach of this Agreement shall not operate or be construed to be a waiver of any subsequent breach.

5.   Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the State of _____, without regard to principles of conflicts of laws.

6.   Binding Agreement. This Agreement shall be binding on the parties hereto, and their heirs, executors, personal representatives, successors and assigns.

7.   Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original copy, and all of which together shall constitute one agreement binding on all parties hereto, notwithstanding that all the parties shall not have signed the same counterpart.

 INWITNESS WHEREOF, the parties have executed this Right of First Refusal Agreement

LANDOWNER


By: ________________________________

LAND TRUST


By: ________________________________


Number of Pages6
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#43531
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.













Right of First Refusal Agreement
(Real Estate)










This Packet Includes:
1.  General Information
2.  Instructions and Checklist
3.  Right of First Refusal Agreement  











General Information
Right of First Refusal Agreement
(Real Estate)

This Right of First Refusal Agreement is between a landowner, who acts as a trustee, and a land trust who desires to purchase the landowner's property.  If the landowner receives an offer from another party to purchase the land, the owner will not sell the property to the second party until the land trust refuses to purchase it on the same terms of the other prospective purchaser.  This agreement sets out the specific terms of this arrangement including all details regarding the first refusal to purchase.

It is imperative that this type of real estate purchase arrangement be clearly and succinctly set forth in writing.  A written Right of First Refusal Agreement will prove invaluable in the event of disagreements or litigation between the parties.


  



Instructions and Checklist


Right of First Refusal Agreement
(Real Estate)

   Both parties should read the agreement carefully.

   Insert all requested information in the spaces provided on the form.

     The parties should read the "Right of First Refusal" provision carefully.  If there are disagreements, they will likely focus on this provision.

     This form contains the basic terms and language that should be included in similar agreements.   

     This agreement must be signed by the landowner and the land trust.

   The parties should retain either an original or copy of the signed agreement.

   All legal documents should be kept in a safe location such as a fireproof safe or safe deposit box.  




   




DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice. The use of these materials is not a substitute for legal advice. Only an attorney can provide legal advice.  An attorney should be consulted for all serious legal matters.  No Attorney-Client relationship is created by use of these materials.  
THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 

RIGHT OF FIRST REFUSAL AGREEMENT

THIS RIGHT OF FIRST REFUSAL AGREEMENT (this "Agreement"), dated and effective as of the ____ day of __________, 200__, is made

Between:

________, (the "Landowner")

And

_________, (the "Land Trust")

Recitals:

The Landowner owns the real property as more particularly described on hereto and incorporated by this reference, located in ________ (the Property). The Landowner desires to give, grant, bargain, sell, and convey to Land Trust certain rights to purchase the Property on the terms and subject to the conditions set forth herein. Accordingly, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1.   Right of First Refusal. In the event Landowner shall receive a bona fide offer for the purchase of the Property at any time after the date hereof [and before the Expiration Date as hereinafter defined], and the offer of purchase shall be acceptable to Landowner, Landowner will not sell the Property or any portion thereof without first offering the Property to Land Trust pursuant to this paragraph. Landowner shall give Land Trust the right to purchase the Property at the price and on the terms of the offer so made. This right shall be extended by Landowner giving written notice of the offer by registered mail to Land Trust, requiring Land Trust to accept the offer in writing and to sign a purchase agreement within forty-five (45) days after the mailing of the notice. In the event that Land Trust does not purchase the Property on the terms set forth above, then the Right of First Refusal granted herein shall lapse.

2.   Burden of proof and Benefit of the land. The covenants and agreements contained herein shall be binding upon and insure to the benefit of the successors and assigns of the respective parties hereto. No party may assign this Agreement without the consent of the other party.

3.   Severability of Provisions. Each provision of this Agreement shall be considered severable, and if for any reason any provision that is not essential for the basic purposes of the Agreement is determined to be invalid and contrary to any existing or future law, such invalidity shall not impair the operation of or affect those provisions of this Agreement that are valid.

4.   No Waiver. None of the parties hereto shall be deemed to have waived any rights hereunder unless such waiver shall be in writing and signed by such party. The waiver by any party of any breach of this Agreement shall not operate or be construed to be a waiver of any subsequent breach.

5.   Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the State of _____, without regard to principles of conflicts of laws.

6.   Binding Agreement. This Agreement shall be binding on the parties hereto, and their heirs, executors, personal representatives, successors and assigns.

7.   Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original copy, and all of which together shall constitute one agreement binding on all parties hereto, notwithstanding that all the parties shall not have signed the same counterpart.

 INWITNESS WHEREOF, the parties have executed this Right of First Refusal Agreement

LANDOWNER


By: ________________________________

LAND TRUST


By: ________________________________


Customer Reviews

Average Rating: Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star

Reviews: 5


New Castle,

CO

Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star
It is very nice to have these forms so easily available The form I received worked well for me. Thank you. Larry Schmueser


Newport Beach,

CA

Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star
Worked very well for my purpose. Very efficient for retired attorney that is asked to do something routine from time to time.


Burnsville,

NC

Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star
I had searched for this form on several web sites but couldn't find it. On your website it was easy to find and once downloaded, very easy to use. Very happy with the website and form and would use again.


Northville,

MI

Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star
This experience was great. I got exactly what I wanted at a reasonable price and didn't even have to leave home. I called a title company first but the person that I spoke to didn't even know what an easement form was.


Piqua,

OH

Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star
No Customer Comments


Looking for something else?