If the right of first refusal was a significant inducement for you to enter into the lease, and you had no knowledge that anyone else had a right of first refusal on the same property, then you could terminate the lease. You would also have the right to sue the landlord, if you pay rent and Which exceeds Fair-market value, because The excess rent would be credited against the purchase price, or for damages, if your purchase option price was less than the fair market value.
Answered on Apr 14th, 2014 at 2:04 PM