Right of First Refusal
Version 1.0.0 · Updated 2026-07-30
CORE DEFINITION
A contractual provision that requires the owner to offer the asset to the holder of the ROFR on the same terms before selling to a third party.
SCAFFOLDING EFFECT
Reduce cognitive load
Priority lock. For talents or opportunities you highly value, even if you cannot cooperate now, strive to secure a 'ROFR': that is, 'when you next consider opportunities, please tell me first.'
Anchor fast decisions
A contractual term (ROFR) requires the owner to offer the asset to the right holder on the same terms before selling to a third party. Use priority lock to secure valued talents or opportunities, preserving the 'next' priority even if cooperation is not immediate.
MINIMUM ACTION
In progress 0/4Practice this model in one real situation:
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Source support: Explicit
- en.wikipedia.orghttps://en.wikipedia.org/wiki/Right_of_first_refusalverified
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