abnormal sale

abnormal sale

In appraisals,a sale that is not typical of the market at that place and time.Such a sale may be the result of family transactions,ignorance of true values,threat of foreclosure,or other unusual events and will not be used to determine the value of the property being appraised.

References in periodicals archive ?
There are those who object to this line of reasoning, with the argument that this approach leaves open too many opportunities for comparing sales that were influenced by abnormal sale conditions, some involving duress that is difficult to account for.(5) This argument, however, fails to consider the paramount question that an appraiser must answer.
He admitted posting more than 10 unverified stories that the company had losses of State assets, abnormal sales practices and false financial reporting between September 2012 and August this year, the report added.
CCTV said Saturday that Chen ran more than 10 news articles between September 2012 and August 2013 with fabricated facts saying there had been losses of state assets, abnormal sales practices and false financial reporting by Zoomlion, which caused widespread criticism of the company and resulted in its stock price falling after one particularly damaging report.