National Association Of Home Builders Of The U.S. (NAHB)
Definition of "National Association of Home Builders of the U.S. (NAHB)"
Founded in 1942 and located in Washington DC, the NAHB has 155,000 members with 824 local groups. Its membership consists of single, multifamily and commercial home builders. The NAHB serves as a public interest group to support legislation for the home building industry. The NAHB offers educational programs on a variety of topics of interest to the home building industry including construction and remodeling, mortgages, and management issues. It has two subsidiaries: the Home Builders Institute and the National Council of the Housing Industry. It also directs several councils including the National Commercial Builders Council, National Council of the Multifamily Housing Industry, National Remodelers Council and National Sales and Marketing Council.
Popular Real Estate Terms
To pass property by will to an heir. Strictly speaking, real estate cannot be bequeathed to an heir, it must be devised. However, if it becomes clear the purpose of the testator was to ...
Real estate business owned by one person having all the rights and obligations. ...
Situation in which a purchaser acquires mortgaged property and continues to pay the mortgagee for the debt outstanding. Although the new buyer continues to pay the mortgagee for the debt ...
Lease where, in addition to the rent, the lessee pays the taxes, insurance, and maintenance. As a guarantee for the lessor, the lessee posts a bond payment equivalent to one year's tax, ...
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Also called trust deed. A document that conveys title to a neutral third party during the period in which the mortgage loan is outstanding as collateral for a debt. ...
Capital appreciation financial goals set by a company or an individual over an extended period of time. Long-term capital goals establish a method for achieving the capital goal outcome ...
The initial lessee of rented property who then leases it to a subtenant. ...
Also called triple net lease. The lessee pays not only a fixed rental charge but also expenses on the tented property, including maintenance. ...
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