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Right of first refusal of the municipality Exercise

The exercise of the right of first refusal means that, when purchasing land on its municipal territory, the municipality has a right, under certain conditions, to the fact that it or a third party can enter into the purchase contract and subsequently become the owner of the property. The right of first refusal may only be exercised if the public interest justifies it.

The exercise of the right of first refusal may be excluded in certain circumstances or averted by the purchaser.

Source: Serviceportal Niedersachsen (Portalverbund des Bundes und der Länder)

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