What is ROFR?

JoeThaNo1Stunna

<font color=teal>Wouldn't steal anyone's milk<font
Joined
Jan 1, 2001
Messages
1,615
Just visiting this board lately b/c I plan on buying into DVC in a few years, what is ROFR?
 
Right of First Refusal.

When an owner decides to sell their "share" they must have a contract to present to Disney. Disney than has ROFR to buy the points back at the terms listed in the contract or allow the sale to go through.

Sandy
 















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