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What are the changes to the Right of First Refusal?

changes refusal right
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What are the changes to the Right of First Refusal?

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Towns may still excercise their Right of First Refusal or transfer this right to a qualified conservation organization. Towns still have 120 days to notify the landowner that they are going to excercise this right. However, the previous law did not provide a time frame in which the town needed to complete the purchase. Under these changes, a town must now complete the purchase within 90 days . A town may also now excercise its Right of First Refusal for 12 months from the time a landowner withdraws land from current use tax status and proposes development.

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