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Teams Nov 8, 2010 12:04 am

WRONG
 
HGVC has a Right of First Refusal clause in their contracts of ownership. This means that if you are the winner of this auction we must first inform them of your desire to purchase and the amount of the purchase. They then have the right to purchase it at the same price you offered, or waive the right to purchase, thus allowing you to buy it at the agreed upon price (your high bid plus any closing costs, transfer fees, etc.).

cjd Nov 8, 2010 12:27 am


Originally Posted by Teams (Post 15095918)
HGVC has a Right of First Refusal clause in their contracts of ownership. This means that if you are the winner of this auction we must first inform them of your desire to purchase and the amount of the purchase. They then have the right to purchase it at the same price you offered, or waive the right to purchase, thus allowing you to buy it at the agreed upon price (your high bid plus any closing costs, transfer fees, etc.).

What are you referring to? What HGVC auction:confused:

KathyWdrf Nov 8, 2010 7:09 am


Originally Posted by Teams (Post 15095918)
HGVC has a Right of First Refusal clause in their contracts of ownership. This means that if you are the winner of this auction we must first inform them of your desire to purchase and the amount of the purchase. They then have the right to purchase it at the same price you offered, or waive the right to purchase, thus allowing you to buy it at the agreed upon price (your high bid plus any closing costs, transfer fees, etc.).

Nothing to do with the topic of THIS thread. Perhaps you posted in the wrong thread by mistake? :confused:


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