Legal Question in Business Law in Arizona
If I want to sell something I own, but before I can I must give someone the "first right of refusal".
My question is"what must I show to the person who has the first right of refusal?"
Asked on 11/12/09, 3:53 pm
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
The answer depends upon the terms of the agreement between you and the person with the first right of refusal. What does your agreement provide, that constitutes the trigger or threashold, which gives right to the first refusal, and what happens thereafter, if the person does not exercise its first option and you don't sell the property as you anticipated.
Answered on 11/17/09, 5:49 pm
Related Questions & Answers
-
If I form a partership with another individual and we do not have a wrtten... Asked 10/31/09, 11:14 pm in United States Arizona Business Law
-
I sold my business to this couple. They were not able to get approved for their own... Asked 10/29/09, 12:12 am in United States Arizona Business Law
-
Is it legal for a bank to charge insufficient funds on returned checks if that... Asked 10/27/09, 11:13 pm in United States Arizona Business Law
-
Last year I sold my small restaurant business that was setup up as an LLC. During... Asked 9/30/09, 7:45 pm in United States Arizona Business Law