e-Mail
Games
Areacodes
Chat
Find a Business or PersonReal Estate Terms - N
Negative amortizationThe opposite of amortization, which means paying off a loan over a period of time. Under negative amortization, the borrower will actually owe more than was borrowed. |
|
Net incomeGross income less operating expenses. |
|
Net leaseA lease requiring the tenant to pay all or part of the expenses on leased property in addition to the stipulated rent. |
|
Net listingA listing whereby an agent may retain as compensation all sums received over and above a net price to the owner. Illegal in some states. |
|
Net worthTotal assets and liabilities of an individual, corporation, or business |
|
Nonexclusive listingA listing in which the agent has an exclusive listing with respect to other agents; however, the owner may sell the property without being liable for a commission. |
|
Notary publicOne who is authorized by federal or local government to attest authentic signatures and administer oaths. |
|
NoteA written instrument acknowledging a debt and promising payment. |
|
Notice to quitA notice issued by landlord to the tenant to vacate rented property, usually for nonpayment of rent or breach of contract. |
|
DEAL ALERT: 
