WHAT DOES IT MEAN?

WRITER: DAVE RAMSEY

Dear Dave,

I bought a piece of lake property not long ago, and the developer has first right of refusal if we decide to sell it. We originally looked at the property as an investment or building site, but I really don’t understand what first right of refusal means.

— Craig

Dear Craig,

A lot depends on the wording, but typically it means that you can sell property to another buyer subject to the developer not wanting to buy it back at that price.

If you decided to sell within the timeframe specified in the first right of refusal contract you’d have to notify the developer you have a written offer on the property. Then, you have to give him a chance to buy the lot first at that price.

Or, you could just ask the developer — in writing — to waive his first right of refusal if this is something you want to do. They’re in the business of selling lots, not buying them, so it may be an easy deal.

—Dave

Dave Ramsey is America’s trusted voice on money and business. He has authored five New York Times best-selling books, including Smart Money Smart Kids.

“The Dave Ramsey Show” is heard by more than 8.5 million listeners each week on more than 550 radio stations. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com.

JANUARY 7

Stroke Support Group

This group offers an opportunity for stroke survivors to learn about local resources and interact socially while participating in group therapy. The group meets at 2:30 p.m. in the LRMC North Campus conference room. Information: 352.323.5658

JANUARY 12

Better Breathers

An American Lung Association support group to aid those who suffer from lung diseases. Participants learn tips and techniques to manage their disease. 1–3 p.m. National Training Center, 1935 Don Wickham Drive, Clermont. Free. Information: 352.241.7109

JANUARY 12

Mended Hearts Support Group

Mended Hearts offers hope to heart patients suffering from cardiovascular disease, as well as their families and caregivers. Noon–1 p.m. Florida Hospital Waterman, 100 Waterman Way, Tavares. Information: 352.253.3399

JANUARY 20

Multiple Sclerosis Support Group

Share stories and reach out to others facing similar challenges with multiple sclerosis, a disease that attacks the central ner- vous system. 10 a.m.–noon, National Training Center, 1935 Don Wickham Drive, Clermont. Free. Information: 352.242.2350

JANUARY 21

Breast Cancer Support Group

A breast cancer diagnosis is a time filled with fear and uncertainty. Fortunately, you don’t have to battle breast cancer alone. Share your stories with others fighting the disease and learn effective coping strategies. 1:30–3:30 p.m. Florida Hospital Waterman, 4000 Waterman Way in Tavares. Information: 352.253.3605

JANUARY 23-24

Florida Rush Cup

Soccer teams from around the country compete to take home gold medals in their respective age divisions. This unique event is at the National Training Center, 1935 Don Wickham Drive, Clermont. 7a.m.–8p.m. Information: 407.654.5552

JANUARY 25

Amputee Support Group

It can be devastating to live with limb loss. Fortunately, amputees can share their trials and tribulations with other amputees, while helping one another cope in the process. 6–7 p.m. Florida Hospital Waterman, 1000 Waterman Way, Tavares. Information: 352.253.3892.

JANUARY 30

Health and Wellness Fair

Organized by New Beginnings, this health fair features medical vendors, short seminars on various topics, and free health screenings. 10 a.m.–2 p.m. in Wesley Center at First United Methodist Church of Clermont. Information: 352.404.6946

JANUARY 30

Mount Dora Health and Fitness Expo

Wallace Fitness is hosting a fun, free family event to promote health and fitness awareness. Activities include fitness demonstrations, weight loss education, live entertainment, prizes, contests, food trucks, and demonstrations by community health care providers, 10 a.m.–4 p.m., at Donnelly Park in downtown Mount Dora. Information: wallacefitness.com/expo

JANUARY 30

Spice It Up for Hospice Chili Cook-Off

This event includes a chili tasting contest, raffle prizes, and live entertainment by Todd Brown and the River Junction Band. Proceeds benefit the Lane Purcell Hospice House and Cornerstone Hospice patient care. 11 a.m.–1 p.m. in downtown Bushnell. Information: 352.742.6807

JANUARY 30

Florida Hospital Waterman’s 7th annual Celebration of Life Gala

This event will be held at the Westin Lake Mary, located at 2974 International Parkway. Proceeds raised from the event support Florida Hospital Waterman’s emergency department.

Information: 352.253.3270

FEBRUARY 6

Taste of Wellness

Attendees can win fun door prizes and visit with health and wellness providers. Enjoy great food, drinks, and entertainment. All proceeds benefit World Wellness Education, a 501(c)3 nonprofit organization. 10 a.m.–1 p.m. at La Hacienda Recreation Center in The Villages. Information: 352.459.1655

Impressions

Happiness