[RPPTL LandTen] Right of First Refusal

[David Weisman]

Learned colleagues:

A lease gives the tenant the right of first refusal to purchase the leasehold property "on the same terms and conditions" that the landlord offers to a third party.  The landlord desires to sell the leasehold property as part of a portfolio of properties and not individually.   Is the purchase of the portfolio a term and condition that the tenant must abide by or can the tenant force the landlord to carve out the leasehold property for a separate sale?



David  Weisman
Board Certified Real Estate Lawyer
Greenspoon Marder, P.A.
Trade Center South, Suite 700
100 West Cypress Creek Road
Ft. Lauderdale, FL 33309
Phone 954-491-1120
Toll Free 888-491-1120
Direct Phone 954-343-6941
Direct Fax 954-343-6942

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