Yes. A commercial tenant can negotiate with the landlord a right granting them priority when the owner plans to sell the building in which the leased premises are located.
This right must be stipulated in the lease or in an applicable agreement. It may, in particular, take the form of a right of first refusal allowing the tenant, when the stipulated conditions are met, to purchase the property on the terms at which the owner is willing to sell it to a third party.
The scope of this right depends on its wording. The clause should specify, in particular, the circumstances that trigger the tenant's right, the information that must be provided to them, the time limit they have to exercise their right, and the procedures applicable to its exercise.
It is important to distinguish between a right of first refusal and a purchase option . A purchase option allows the tenant to acquire the property according to the conditions stipulated in the option, whereas a right of first refusal generally arises when the owner decides to sell the property or in other circumstances provided for in the agreement.
A tenant who wishes to benefit from a priority right when the building is sold should therefore ensure that this right is clearly provided for and that its conditions of exercise are sufficiently precise.