Real Estate Glossary

Drag-Along Rights

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Richard Wilson
Written by Richard Wilson

This refers to a right that gives power to the majority shareholder to enforce a minority shareholder to join in a particular companies sale. In this situation, the majority owner that is dragging is required to give the minority the same conditions, price, and terms as any other seller.

This refers to a right that gives power to the majority shareholder to enforce a minority shareholder to join in a particular companies sale. In this situation, the majority owner that is dragging is required to give the minority the same conditions, price, and terms as any other seller.

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Richard Wilson

Richard Wilson

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