Using 'Bundled' Sales to Circumvent a Tenant's Right of First Refusal

While it normally doesn’t disrupt the lease, the sale of leased property can be disconcerting to tenants. That’s why some tenants negotiate for first refusal rights giving them the option to purchase the property at the same price and terms the landlord accepts from a third-party purchaser in the event it decides to put the property on the market.