COMMERCIALLY.caOfficeBuildings.ca
OfficeBuildings.ca / Office lease definition
Office lease definition

What is right of first offer?

A negotiated process requiring the landlord to offer specified space to a tenant before marketing it more broadly, subject to the lease terms.

Updated 2026-09-12
Fast answerA negotiated process requiring the landlord to offer specified space to a tenant before marketing it more broadly, subject to the lease terms.

Why it matters

It may improve expansion visibility without guaranteeing acceptable timing or economics.

What to request

Review covered space, notice, proposal content, response period, exclusions and repeat rights.

Planning example

Keep future headcount and adjacency needs connected to the right. The example organizes arithmetic or evidence only; the transaction documents and facts determine the result.

Related decisions

Connect this term to the area, cost, building, flexibility and document provisions elsewhere in the office decision file.

Evidence boundary: office availability and quoted economics change. Confirm current premises, authority, area, costs, permitted use and documents for the specific transaction. Read the methodology.

Right of first offer questions

Plain-language answers for Canadian office decisions.

What does right of first offer mean in an office lease?

A negotiated process requiring the landlord to offer specified space to a tenant before marketing it more broadly, subject to the lease terms.

Why does right of first offer matter?

It may improve expansion visibility without guaranteeing acceptable timing or economics.