A transaction involving a party that is controlled by another entity and does not act on its own behalf. The party sets aside independent interest in order to focus on the wishes of the controlling party. Non-arm's length transactions must involve at least one interested party that is concerned about the possible consequences of the transaction. Transactions involving family members, and parent companies and subsidiaries would not be considered non-arm's length transactions because the parties are acting independently. Opposite of arm's length transaction.
Related information about non-arm's length transaction:
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Ask Kate for non arm's length transaction home loan help: Hi Kate, My father in law has a house in upstate New York. He's selling for 70k and owes me 20k.
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With that said, a NON arm's length transaction is one that occurs between related parties (when one entity has the ability to influence the decision making of ...
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Mar 10, 2012 ... For clarification purposes, a “non-arm's length” transaction is one where there are no relationships between the parties involved in a real estate ...
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