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Can a condominium board deny your right to sell your condo and buy it themselves?

Yes. It is common for a Master Deed or Trust of a condominium to reserve the right of first refusal when any owner decides to sell their unit. That means the board must be given first priority to purchase the unit. Read through your copy of the Master Deed and Trust looking for any "right of first refusal language".


If the territory is not exclusive does the franchise have the right of first refusal on additional franchises established in nearby locations?

It depends on if you are in Mr. Gallman's Macro-Econ Class or not. !~(-_-)~V


Does the franchise have the right of first refusal on additional franchises established in nearby locations for subway?

In the context of franchising, the right of first refusal typically grants existing franchisees the option to match the terms of a proposed new franchise agreement in a nearby location before it is offered to external parties. Whether a franchise has the right of first refusal on additional franchises in nearby locations is determined by the specific terms outlined in the franchise agreement. Franchise agreements vary widely and may or may not include this provision, depending on the negotiation between the franchisor and franchisee. It is essential for franchisees to carefully review their franchise agreements to understand their rights and obligations regarding the establishment of additional franchises in nearby locations.


How do you create a sister company?

A sister company generally means a company that has the same corporate parent as another. For example, if Corporation A and Corporation B are both subsidiaries of Corporation XYZ, Corporation A and Corporation B are sister companies. I have occasionally seen two companies which are owned by the same individual referred to as sister companies since they have the same ownership (just like in the parent-sub example) but that usage is less common. In that case, there is no "parent" company. If you have only one company and want a sister company in the classic sense, you need to first set up a holding company to own the shares of the first company and then set up a new subsidiary under the holding company.


Who is George R Lewis who was at Altria Corporation?

George R. Lewis was the first African American to become Treasurer of a Fortune "100" corporation in 1984. Prior to this he held numerous positions in finance in planning including VP Finance of 7 UP and Philip Morris Industrial.

Related Questions

Can owner of one quarter interest in the real estate legally hold a right of first refusal?

Yes, if the right of first refusal was granted in writing by the other three owners and that document is recorded in the land records. A right of first refusal must be granted by the owner of the property.A right of first refusal means the right to buy something first: the right to decide whether or not to buy something before it is offered to other potential buyers.Yes, if the right of first refusal was granted in writing by the other three owners and that document is recorded in the land records. A right of first refusal must be granted by the owner of the property.A right of first refusal means the right to buy something first: the right to decide whether or not to buy something before it is offered to other potential buyers.Yes, if the right of first refusal was granted in writing by the other three owners and that document is recorded in the land records. A right of first refusal must be granted by the owner of the property.A right of first refusal means the right to buy something first: the right to decide whether or not to buy something before it is offered to other potential buyers.Yes, if the right of first refusal was granted in writing by the other three owners and that document is recorded in the land records. A right of first refusal must be granted by the owner of the property.A right of first refusal means the right to buy something first: the right to decide whether or not to buy something before it is offered to other potential buyers.


Can you buy shares in a close corporation?

Yes, you can buy shares in a close corporation. However, it may be subject to restrictions outlined in the corporation's shareholder agreement or bylaws. Close corporations typically have a limited number of shareholders and shareholders often have first right of refusal on share transfers.


In Florida refusal to submit to testing (second offense) results in what?

In Florida refusal to submit to testing first offense result in many months suspension


When was First American Corporation created?

First American Corporation was created in 1889.


When did First Security Corporation end?

First Security Corporation ended in 2000.


When was First Reserve Corporation created?

First Reserve Corporation was created in 1984.


What is First Reserve Corporation's population?

The population of First Reserve Corporation is 2,010.


What is the population of First Merchants Corporation?

First Merchants Corporation's population is 1,200.


When was First Merchants Corporation created?

First Merchants Corporation was created in 1982.


Does anyone know what the law guidelines are for California right of first refusal when pertaining to family law?

In California family law, the right of first refusal allows a parent who has custody of a child to offer the other parent the opportunity to care for the child before seeking alternative childcare arrangements. The specifics of right of first refusal agreements can vary and should be outlined clearly in the parenting plan or custody agreement. It's recommended to consult with a family law attorney for guidance on how to best incorporate right of first refusal into your custody arrangements.


When was First Security Corporation created?

First Security Corporation was created in 1928-06.


What was the first US government corporation?

The First Bank of the United States was the first government corporation created in 1791.