By Breanna R. Marchesani | Published January 27, 2023 | Posted in Real Estate | Tagged Tags: New Jersey Property, Right of Refusal | Comments Off on When A First Right of Refusal Is Too Late
On December 22, 2022, the Superior Court of New Jersey, Appellate Division decided the case Saadia Square LLC v. SM Logistics Member LLC et. al. This case arises out of a dispute between the parties’ Operating Agreement and the ability to revoke an offer prior to acceptance. The Operating Agreement requires Defendant to offer Plaintiff the right of first refusal to purchase property that Plaintiff intends to sell Read More
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