Abnormal Sale
Barron's Real Estate Dictionary:
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Abnormal Sale
One that does not represent a market transaction.
Example: Areal estate appraiser discovered the sale of a house for $200,000 in a neighborhood where the normal price is $300,000. The appraiser did not use it as a comparable because the conditions requisite for market value were not present in this abnormal sale.
Example: Areal estate appraiser discovered the sale of a house for $200,000 in a neighborhood where the normal price is $300,000. The appraiser did not use it as a comparable because the conditions requisite for market value were not present in this abnormal sale.
| Able, Abatement | |
| Abode, Abrogate |
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Barron's Real Estate Dictionary
Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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