| gen. |
pre-emption (на покупку государственной земли); right of pre-emptition-брит.; first option to buy (WAD Alexander Demidov); pre-emption right (A pre-emption right, or right of pre-emption, is a contractual right to acquire certain property newly coming into existence before it can be offered to any other person or entity.[1] Also called a "first option to buy."[1] It comes from the Latin verb emo, emere, emi, emptum, to buy or purchase, plus the inseparable preposition pre, before. A right to acquire existing property in preference to any other person is usually referred to as a right of first refusal. WAD Alexander Demidov); right of first refusal to purchase (The cost disadvantage to an owner of granting a right of first refusal to purchase a property, instead of committing to auction, may be minimal in the case of ... Renters had a right of first refusal to purchase the property. Alexander Demidov) |
