Document Type: DOCX
Number of Pages: 2
The Right of First Refusal (ROFR) agreement is a legal contract between an asset's owner and a potential buyer (the holder of the right) which grants the holder the priority to purchase the asset before the owner can sell it to someone else.Key Details in Right of First Refusal Include:1. Parties Involved: Identifies the asset's owner (grantor of the right) and the potential buyer (holder of the right).2. Description of the Asset or Property3. Notification Process4. Offer Detail5. Exercise Period: Defines the timeframe within which the holder must decide to exercise their right to purchase the asset upon receiving an offer.6. Transfer Conditions: Details any conditions that apply to the transfer of the asset from the owner to the holder, should the holder decide to exercise their ROFR.7. Duration of the Right
Below is the document preview. Buy to get the document sent.
This is the end of this document preview. Buy to get the document sent.
Share this with your network:
The Rent Receipt Template is a document used in Kenya to acknowledge the payment of rent by a tenant to a landlord. It serves as proof of payment and is important for both parties to maintain...
Rent Payment Plan Agreement is a legally binding document that outlines the terms and conditions under which a tenant agrees to pay rent to a landlord over a specified period. This agreement is...
A Rent Deposit Receipt is an official document provided by the landlord or property manager to the tenant when a security deposit is paid. It serves as proof that the tenant has paid the deposit,...
A Roommate Agreement is a written contract between individuals sharing a rental property, outlining each person’s responsibilities and expectations to avoid conflicts during their shared tenancy....
A Notice to Terminate Lease by Tenant is a formal communication in form of a letter in which a tenant informs their landlord of their intention to end the lease agreement and vacate the rental...
An Eviction Notice is a formal letter issued by a landlord to a tenant, informing them that they must vacate the rental property within a specified period due to a breach of the lease agreement or...
A Service Charge Agreement in Kenya is a legally binding document between landlord or management company and tenants. It usually outlines the charges levied on tenants for shared services and...
A Notice to Remedy Breach by Tenant is a formal document issued by a landlord to a tenant who has violated terms of their lease agreement. It mainly contains the following information: 1....
This is a formal notice provided by a tenant to their landlord, stating the tenant’s intention to end their lease agreement. Below are the key components of Termination of Tenancy Agreement Notice...
A Termination of Tenancy Agreement Notice by Landlord is a formal document issued by a landlord to inform a tenant that their lease will be ending. Key components include: 1. Landlord’s...
A Notice to Withhold Rent for Repairs is a formal letter send by a tenanr to their landlord to inform them of their decision to temporarily halt paying rent until repairs issues in the rental property...