346.7305 – Real Estate Law

  • Understanding the Key Differences Between ROFOs and ROFRs in Real Estate Transactions

    When navigating real estate transactions, it’s crucial to understand the distinctions between two common tools used by buyers and sellers: Rights of First Offer (ROFOs) and Rights of First Refusal (ROFRs). Both provide potential purchasers with the right to acquire an asset before it’s sold to others, but they function in fundamentally different ways, and…