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The municipal right of first refusal enables the municipality to acquire land for urban development purposes in order to influence its future structural and other use.
Exercising the right of first refusal means that the municipality has the right, subject to certain conditions, to enter into the purchase agreement and subsequently become the owner of the property when purchasing a plot of land in its municipal area. The right of first refusal may only be exercised if this is justified in the public interest.
Under certain circumstances, the exercise of the right of first refusal may be excluded or averted by the purchaser.
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