What mean by ROFO?

archdevil

Royal Member
I have work order of civil work & it includes ROFO work & Non ROFO work. Can anyone explain to me what is mean by ROFO in detail?
n the real estate context, a Right of First Refusal (ROFR) and a Right of First Offer (ROFO) are contractual rights that permit the purchase of property, or the lease of space, upon the occurrence of certain events, often referred to as trigger events.
 

Kalpesh Deshmukh

Junior Member
n the real estate context, a Right of First Refusal (ROFR) and a Right of First Offer (ROFO) are contractual rights that permit the purchase of property, or the lease of space, upon the occurrence of certain events, often referred to as trigger events.
Thank you for the reply, but I want details about ROFO. This description is already given on google.