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The Ground Floor

The Ground Floor

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Rest in peace: ROFRs expire once a tenant becomes a holdover tenant

Jeff Brown January 24, 2019
A lease agreement about to be signed

Thanks to a decision from the California Court of Appeals, a right of first refusal contained in a written lease expires when the tenant becomes a “holdover” tenant. Now, tenants must seek specific language in their leases to preserve ROFR privileges. READ MORE