Ainuõigusega

Ainuõigusega is an Estonian legal term that translates to "with the right of first refusal." It refers to a legal right that grants a specific party the priority to purchase a property or asset before it can be offered to others. This right is typically established through a contract, such as a lease agreement or a pre-emption agreement.

When a property owner decides to sell, they must first offer it to the holder of the ainuõigusega. The holder then has a specified period to decide whether to exercise their right and purchase the property under the same terms and conditions offered to potential third-party buyers. If the holder chooses not to exercise their right, or if the offer period expires, the owner is then free to sell the property to another party.

The purpose of ainuõigusega is to provide a degree of security and control to the holder. For example, a tenant might have this right to ensure they can purchase the property they are renting if the owner decides to sell. It can also be used in business contexts to secure future acquisitions or to maintain control over specific assets. The specifics of how ainuõigusega is exercised, including the notification process and decision timelines, are usually detailed in the agreement that creates the right.