First right of refusal & a multi-parcel auction?

In a multi-parcel auction, bidders can pursue individual tracts, combinations, or the entire property. This flexibility often drives higher returns because bidders can focus on parcels they value most. However, when a tract carries a right of first refusal, it introduces a legal and logistical complication. The sale cannot be finalized until the right is exercised or waived, which may delay settlement and affect bidder confidence. A right of first refusal gives a third party, such as a […]

https://mikebrandlyauctioneer.wordpress.com/2025/11/10/first-right-of-refusal-a-multi-parcel-auction/

Dulan said #Sumifru was remiss in its commitment to pay for the #RealProperty taxes for the pieces of land they rented, putting these properties at risk of being seized and auctioned off by the provincial government. #Philippines

#Tbolis cut down thousands of firm's #BananaPlants in #SouthCotabato
https://www.rappler.com/nation/mindanao/tbolis-cut-down-sumifru-banana-plants-south-cotabato/

Tbolis cut down thousands of firm's banana plants in South Cotabato

Landowners accuse Sumifru of failing to fulfill their tax obligations for the leased properties as agreed upon

RAPPLER

#TIL: According to Spanish #Wikipedia, « laudêmio » translates to « entry fines ».

The #laudêmio is kinda like a covenant on #RealProperty: it's an stipulation that whenever that piece of property is sold a certain percentage of the value of the sale must be paid to a third party.

In #Brazil, these third parties are usually the Navy, the Catholic Church, and, in Petrópolis, the descendants of the Brazilian royal family. 🤮

#law

#introduction
Hello Mastodon! 👋🏻
My name is Ashley and I’m a #gc #publicservant working in #realproperty. I’m a #workplacestrategist and #changemanagement practitioner with a background in #interiordesign and #arthistory.
Hoping to have some great conversations around the #futureofwork !