Hillsborough County, located in the state of Florida, has established a Right of First Refusal Agreement to protect the interests of property owners and tenants. This agreement grants specific rights to individuals or entities, ensuring that they have the first opportunity to purchase or lease a property should the owner decide to sell or enter into a lease agreement. The Hillsborough Florida Right of First Refusal Agreement is designed to provide a fair and equitable process for potential buyers or tenants to express their interest in a property before it becomes available to the general market. This agreement aims to maintain community cohesiveness, protect property values, and give existing residents or businesses the chance to expand or secure their existing premises. Different types of Hillsborough Florida Right of First Refusal Agreements may exist, depending on the specific needs and requirements of the county. Some key variations include: 1. Residential Right of First Refusal Agreement: This agreement pertains to residential properties, ensuring that current tenants or neighboring residents have priority to purchase or lease the property if the owner decides to sell or enter into a lease agreement. 2. Commercial Right of First Refusal Agreement: This agreement is tailored for commercial properties, granting nearby businesses the first option to buy or lease the property, giving them the opportunity to expand their operations or secure their premises in case of a sale or lease. 3. Land Use Right of First Refusal Agreement: This type of agreement focuses on undeveloped or vacant land. It allows neighboring property owners or interested parties to exercise their right of first refusal, ensuring that the land is used in a manner consistent with the surrounding area and community's vision. 4. Non-Profit Right of First Refusal Agreement: This agreement is specifically designed for non-profit organizations. It gives registered non-profit entities the advantage of acquiring a property before it is made available to the public, promoting their mission and objectives in the Hillsborough County community. In summary, the Hillsborough Florida Right of First Refusal Agreement provides property owners and tenants with the opportunity to purchase or lease a property before it is offered to others in the market. This agreement ensures a fair process, promotes community cohesion, and assists in maintaining property values. The various types of this agreement cater to different property categories, including residential, commercial, land use, and non-profit properties.