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Dewar Hogan Dewar Hogan Dewar Hogan Dewar Hogan Dewar Hogan

RIGHT OF FIRST REFUSAL

RIGHT OF FIRST REFUSAL

 

The general position is that if a landlord of a building containing flats wants to sell his interest he must give his tenants the right of first refusal. It is a criminal offence not to do so without a reasonable excuse, and in addition the lessees have the right to compel the landlord’s purchaser to sell to them.

We advise on rights of first refusal; in particular landlords’ and lessees’ respective rights and obligations, the notices that must be served, timing and enforcement.