Terms with Tag Realty
- Mortgage Assumption — Definition, Important,
- Taking over the payment and responsibility for an existing property loan.
- Motivated Buyer — Definition,
- A prospective buyer who has a strong reason to buy, and quickly.
- Motivated Seller — Definition,
- A home seller who has a strong reason to sell quickly, possibly because of an upcoming relocation or an impending default on a loan.
- Move-in Condition (MIC) — Acronym,
- A house that is ready for a new occupant.
- Move-up Buyer — Definition,
- One who is selling a house to buy a more expensive house.
- Moving Expenses — Definition,
- Expenses incurred when you moved in connection with your job and are deductible if they are the reasonable costs of moving yourself, your family and your possessions. You can no longer deduct the cost of meals while moving.
- Multi-Dwelling Unit (MDU) — Acronym, ➥ An apartment or condominium complex.
- Multi-Family (mfam, MF) — Acronym & Abbreviation,
- A building with more than four residential units.
- Multi-Level (mlti) — Abbreviation,
- Multiple Listing Information Service (MLIS) — Acronym,
- Multiple Listing Service (MLS) — Acronym, Canada, Very Important,
- A database that lists all properties in an area that are for sale or lease by Realtors.
- Multiple-Tenant Income Property (MTIP) — Acronym,
- National Association of Real Estate Appraisers (NAREA) — Company Est. 1966, United States, ➥ A US appraisal organisation.
- National Association of Realtors (NAR) — Company, United States,
- National Real Estate Investor (NREI) — Acronym, United States, ➥ US commercial real estate magazine.
- Neighborhood (nbd) — Abbreviation,
- Net Lease (N lease) — Abbreviation,
- A net lease is a lease agreement, usually long-term commercial or industrial, in which the tenant (lessee) agrees to pay all or a portion of the property expenses in addition to periodic rent. It is called a net lease because the rent paid is "net" to the lessor.
- New Brunswick Association of Real Estate Appraisers (NBAREA) — Company Est. 1995, New Brunswick, Canada,
- New Brunswick Real Estate Association (NBREA) — Company, New Brunswick, Canada,
- New Home Warranty Program (NHWP) — Acronym, Important,
- Provides a standardized package of warranty protections and services for use by home builders.
- Newfoundland Association of the Appraisal Institute of Canada, Inc. (NAAIC) — Company, Newfoundland and Labrador, Canada, ➥ See the Appraisal Institute of Canada – Newfoundland and Labrador (AIC – NL).
- Non-assumption Clause — Definition,
- A provision of a home loan that prohibits the transfer of the mortgage to another borrower without the lender's permission.
- Non-Circumvention Non-Disclosure (NCND) — Acronym,
- Contract by brokers to ensure the buyer and seller together do not by-passed the brokerage and any information disclosed during negotiations is not revealed to any unauthorized party.
- Non-owner Occupant — Definition,
- A borrower who purchases a property for investment or rental purposes and will not occupy the property.
- Non-Recurring Closing Costs (NRCC) — Acronym,
- One-time fees paid at a real-estate settlement, including origination, appraisal, points, title insurance and credit report.
➥ Non-recurring fees at closing are those that are paid once such as a property inspection or property appraisal fees. Recurring fees are those that are paid again and again such as property taxes, condo fees and property insurance. - North Bay Real Estate Board (NBREB) — Company Est. 1957, Ottawa, Ontario, Canada,
- Notice of Foreclosure Sale (NFS) — Acronym, Important,
- Notice to Vacate (NTV) — Acronym,
- Nova Scotia Association of REALTORS (NASR) — Company Est. 1958, Dartmouth, Nova Scotia, Canada, ➥ Formerly known as Nova Scotia Real Estate Association (NSREA).
- Nova Scotia Real Estate Appraisers Association (NSREAA) — Company, Nova Scotia, Canada,
17.
Mortgage Assumption -
North Bay Real Estate Board
North Bay Real Estate Board
26.
