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Is a right of first refusal considered an encumbrance on the land in Washington? It must be or else they wouldn't try to remove it off the title before foreclosure. I would love to keep it simple and pay them the money for the land. They refuse. I am even offering to pay them full...
Encumbrance
Washington State - It is a right of first refusal. Basically stated, it says that I as grantee has first right of refusal to purchase the land for a specified amount of money. There is no time limit specified. That is the encumbrance.
first right of refusal
My first right of refusal also has a price attached to it - it basically states that I have the first right of refusal to purchase the property for the sum of 12,500. There is no time limit to it. But that wasn't my question, because it is my understanding that once the...
What is the name of your state? Washington.
I hold the first right of refusal on a parcel of land next to my home I am purchasing. The owner has not been paying her payments and the beneficiary of the deed has decided to foreclose. He has offered me a small sum to relinquish my interest in...
Attorney
Thank you; I have calls in to two attorneys that specialize in residential real estate law. I was under the assumption that we may not have this option because of a mediation arbitration clause we signed in the contract, but I'd like to know.
The seller's agent left a message on my...
Can't delay work
We live in Oregon. We can't delay repair of the work. As a matter of fact, it's already done for the temporary fix. However, I have pictures of the water damage and also letters from the contractor and subcontractor stating what they saw and the damage. Thanks for all your...
What is the name of your state? Oregon
I know you all have seen this before - it's amazingly familiar, but would you review the following and tell me if you have any opinions? Thanks in advance. Their selling agent is going to present this to them this weekend, and hopefully it will ge...
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