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Right of First Refusal (Perpetual)
I understand the basics of a recorded right of first refusal. My question is, can you have it be a "perpetual" right? As in, the right occurs every time the property is about to change hands. I picture this more like a deed restriction than a recorded document that would be cleaned up on title prior to the first transfer after recording the right of first refusal.
Anyone have any experience with something like this?