A listing agreement with a clause that gives the listing broker the right to purchase the property. …
Nonassumption Clause
A loan provision that prohibits the transfer of a mortgage to another borrower without lender approval. …
Nonrecurring Closing Costs
One-time-only fees for items including an appraisal, loan points, credit report, title insurance, and home inspection. …
Nosing
The front edge of a stair tread that extends over the riser. …
Net Cash Flow
Income from an investment property after expenses such as principal, interest, taxes, and insurance are subtracted. …
Net Listing
A net listing is a type of real estate listing agreement in which the seller sets a minimum net price they want to receive from the sale of their property, and the real estate agent retains any amount …