What is another word for prior right of purchase?

Pronunciation: [pɹˈa͡ɪə ɹˈa͡ɪt ɒv pˈɜːt͡ʃɪs] (IPA)

Prior right of purchase refers to the legal right granted to a person or entity to buy a property or asset before it is offered for sale to the general public. This right is often given to tenants or existing owners to maintain ownership of a property or asset. Synonyms for prior right of purchase include right of first refusal, pre-emption right, option to purchase, and first dibs. These terms are often used interchangeably and refer to a similar legal concept. Understanding the nuances of these synonyms can be important when negotiating contracts or agreements related to property or asset sales.

Synonyms for Prior right of purchase:

What are the hypernyms for Prior right of purchase?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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