Condition: Arms-length Commercial activities

[Tom4value]

No, because we are not appraising the contract, we are appraising the property. I see what exists in their contract and report it. They can do whatever they like in their Sales contract. The point of us reviewing it is to see if the terms are unusual/might affect price and the names or other in the contract might indicate whether or not it is an arms length sale.

We are supposed to analyze the contract for just what you said in your last sentence. It goes beyond just “reporting” what is in the contract, which is what any reader of it already knows.