National Society Of Real Estate Appraisers (NSREA)
Definition of "National Society of Real Estate Appraisers (NSREA)"
A professional society which is an affiliate of the National Association of Real Estate Brokers. The purpose of the NSREA is to formulate rules of ethics and professional conduct and enforce these rules to the benefit of its members. It awards the professional designation of " Master Real Estate Appraiser", " Certified Real Estate Appraiser", and " Residential Appraiser" to those who successfully complete a prescribed course of study and final examination. Membership in NSREA consists of five categories. These include Candidate, Member, Junior Member, Senior Member, and Master member. All persons who have successfully passed all qualifying procedures are entitled to use the designation Certified Real Estate Appraiser (CRA).
Popular Real Estate Terms
External top of a structure such as for an office building or house. ...
Section of the Internal Revenue Code applies to assets used in a trade or business,. In general, gains on section 1231 assets are taxed at capital gains rates, and losses are considered ...
Investments, usually in limited partnership, that can protect of defer shelter) part of the income from current taxes. Under current law, passive leases can be applied up to passive income. ...
Agreement by a lender to loan money to suitable borrowers within a given time period but without identifying those borrowers. ...
Possession and use of a property estate by virtue of a lease. There are four types of leasehold estates: estate for years, periodic tenancy, tenancy at will, and tenant at sufferance. ...
Failure or refusal to perform a specified action. The failure to fulfill contractually agreed upon terms or actions. Nonperformance creates a liability which can enable a judicial damage ...
Second layer of flooring material placed over the rough flooring or flooring planks in a structure. The finish floor is a polished floor often made oak or other hardwood materials. ...
Apartment building in which each resident owns a percentage share of the corporation that owns the building. ...
Secondary demand created from a primary agent or facility. ...
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