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What is the Difference Between An Option To Purchase and a Right of First Refusal?

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An option is a contract that gives a buyer the right to buy or sell an asset at a specific price under specific terms for a set period of time. Learn more about option to purchase in Arizona and right of first refusal in Arizona in this presentation.

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Page 1: What is the Difference Between An Option To Purchase and a Right of First Refusal?
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