Pronounced Rōfer. See Right of First Refusal.


Frequently Asked Questions about ROFR (Right of First Refusal)

ROFR stands for Right of First Refusal and is pronounced Rōfer. It is a contractual right that allows a party to step in and match the terms of a proposed sale or lease.

See the full glossary entry under “Right of First Refusal” for a complete definition, example scenario, and analysis of how it impacts real estate transactions.

Yes, “Derecho de Primer Rechazo” is the Spanish-language equivalent of Right of First Refusal (ROFR).

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