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Arms Length Sale |
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Why would a buyerseller do a at arms length sale? what are the benefits/cons of this type of sale? |
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An arm's length sale is simply a sale between two strangers, each trying to do the best for themselves. Most real estate sales are arm's length.
What wouldn't be arm'slength is, for example, a sale from a mother to her son, or a boss to an employee. For those transactions, the price might not reflect true market value, because the relationship might make a difference. |
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Edith
Originally published on October 10, 2007 |
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