Court of Appeal Confirms that Right of First Refusal Expires After One Shot at Using It

Published

Court of Appeal Confirms that Right of First Refusal Expires After One Shot at Using It.  Absent any other wording to the contrary, Rights of First Refusals in a Lease can only be triggered once: if not duly exercised, the tenant loses the right to enforce the ROFR during subsequent offers presented to the Landlord/Owner.

Camsal Inc. v. Penner International Inc., 2022 ONCA 20

https://www.canlii.org/en/on/onca/doc/2022/2022onca20/2022onca20.html

By David M. Jose

Full time Mediator servicing the Province of Ontario.