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Reply to "Is an oral right of first refusal to a friend enforceable?"
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[quote=Anonymous]A friend’s elderly, childless aunt lived in her home that is now on the real estate market for over $2 million. This woman suffered a fall and is now in a nursing home, likely for the rest of her life. Over the years, a man from town frequently visited her at her home, did yard work, small repairs, delivered groceries and talked with her for long periods of time. The woman has made a will and as far as we know, this man is not mentioned. He said to my friend (the niece) when he saw the for sale sign that he has a “right of first refusal” made with the aunt and it is not in writing but she has said so over the years and in front of many different people. He said he does not intend to buy the house but this right has value and the family should come up with a money price so he will “relinquish” his right in writing. He said his right of first refusal can slow down any possible sale. It sounds like extortion. What can my friend do? [/quote]
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