In which field of the sales comparison grid would you find an indication of an arm's length sale?

The correct indication of an arm's length sale can be found in the field of sale or financing concessions. An arm's length sale refers to a transaction where both parties act in their own self-interest and are not under any pressure or duress to complete the sale. In this context, sale or financing concessions detail any adjustments made to the price due to special circumstances, incentives, or concessions from the seller. These concessions provide insights into the true nature of the sale, helping appraisers assess if the transaction reflects typical market conditions or if there are unique motivations in play.

Understanding this aspect is crucial for determining the reliability of comparable sales data and ensuring that the appraised value reflects a fair market condition. This clarity ensures the appraiser accurately adjusts the value of a property based on relevant sale conditions.