Dealing with Rights of First Refusal

Rights of refusal, options, and offers — these terms often come up in farmland sales, but few sellers truly understand their impact. In this episode of The Farmland Exchange Podcast, host Devon Davidson is joined by Roy Carter, CEO of CLHbid.com, and Alle Carter, legal and executive team at CLHbid.com, to unpack the legal and practical implications of these clauses. We’ll explore: ✅ What sellers need to know about Rights of First Refusal (ROFR) and Rights of First Offer (ROFO) — and the key differences between them. ✅ How ROFR and Options appear in leases and contracts, and the common pitfalls sellers encounter. ✅ Why tendering to a lawyer is considered an Offer in contract law, even without acceptance. ✅ Practical advice to help sellers navigate these complex clauses without leaving money on the table. 📺 | Watch On YouTube - EP. 13Have Questions? Send Us A Text!Interested In Selling Farm Land? If the time comes to sell your farm land, we would be honoured to have a no-obligation conversation with you. Selling Farm Land, It's All We Do.📧 [email protected]📲 (866) 263-7480👨‍💻 Learn MoreInterested In Buying Farm Land? If you're looking to expand your operation, we can help with that too. Visit our website to view all upcoming farm land sales across Western Canada; and be sure to subscribe to our weekly email newsletter so you never miss a sale! 👨‍💻 View Upcoming Sales📰 Subscribe To NewsletterFind Us On Social MediaFacebook...