National Association Of Real Estate Brokers (NAREB)
Founded in 1947 and located in Washington, DC, the NAREB has 7,500 members with 15 regional groups and 6 state groups. It offers certification programs for members of the real estate brokerage industry including Real Estate Management Brokers Institute, National Society of Real Estate Appraisers, Real Estate Brokerage Institute, and the United Developers Council. The NAREB seeks to promote high ethical real estate practices in the real estate brokerage industry. It conducts research on the real estate brokerage industry, including developing reports an sales data, marketing practices and recent industry trends.
Popular Real Estate Terms
Rental in which the lessee obtains major property rights. Although not legally a purchase of property, theoretical substance governs over legal form and requires that the leased property be ...
A developer is a person that designs or creates something that could be a concept, structure, product or service. An idea can be turned into something real, tangible and the person that ...
(1) Agreement to sell real estate with a pre-arranged reverse but at an established price. This may not be legal in some instances, and any resulting losses may not be tax deductible. (2) ...
Day the attachment of property under a judicial order becomes effective. ...
Net amount received when property is sold. It equals the selling price less outstanding mortgage balance less all costs incurred in connection with the sale. These expenditures include ...
A house having stucco or brick siding mixed with some wood. The house usually is two or more stories. ...
Housing projects specifically designed to meet the community needs of the increasing number of individuals who are largely retired, having no small children. Adult communities are found ...
A detailed list of property. The goods of a business, such as houses by a builder. ...
Real property that is without any obligations, liens, or anything else against it. It is free and clear such as a house without mortgage. ...

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