Property Valuation
When an Ohio appraiser identifies a sale as 'non-arm's-length' (e.g., a family sale at below-market price), the appraiser should:
AUse it as a primary comparable without any adjustment
BTypically exclude it or use it only as a secondary data point with careful analysis and explanation✓ Correct
CReport it as the primary indication of market value
DUse it to lower the appraised value
Explanation
Non-arm's-length sales (family sales, foreclosures, distress sales) may not reflect market value. Appraisers typically exclude them from primary comparable analysis or use them with extensive explanatory notes.
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