Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Good afternoon. No, tenants do not. Simply living there does not give the tenant a right of first refusal. They would have to buy the home at auction, just like any third party who is interested in it. If they are unable to buy it, the 3rd party purchaser can then either rent to them or ask them to vacate and then evict. Please let me know if you have any follow up questions or need any clarification on something which I stated above. Also, remember to rate my service at the top of this page, before exiting the site, so I can receive credit for my help. I hope you found it to be Excellent! Only rate my answer when you are 100% satisfied. If you feel the need to click either of the two lower ratings to the left, please stop and reply to me. I want to make sure your experience with the site was as pleasurable as possible and that you are satisfied with the help I provided.