What is the preferential right to purchase a plot of land?

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25.07.2023 20:32 651

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Photo of lorina200215 Lorina Fedan

The essence of the preemptive right is that the lessee has priority (preference over other buyers) to purchase the land he leases, but at the price determined by the seller. The lessee will also be able to transfer or sell his preferential right under the contract to another person.

25.07.2023 22:13

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