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
In a principal gent transaction or contract where a third party knows the name of the principal the agent represents. This is a typical setting in real estate situations. In this ...
Molding forming the top part of a door or window. Any wood or plaster molding on an inside wall just below the ceiling. It is ornamental in purpose giving the wall a finished ...
Reformation in real estate means a legal action to straighten out an erroneous deed, a misleading document, an error, a paragraph, or a contract entirely which resulted from an ...
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. ...
Appraisal of a location before the purchase is made of it for potential environmental problems. ...
Regularly, subsequent means something which occurs at a later date. In other words, a subsequent event follows a prior occurrence. For example, new circumstances arise after a contract is ...
Outside layer or covering for a structure. It may be a coating of material for protection against inclement weather. ...
Insurance coverage provided for an individual having a lease at a favorable rate, one which is less than the market value of the property. The insurance indemnifies the tenant for business ...
Road or highway acting as a frontage boundary. ...
Have a question or comment?
We're here to help.