National Housing ActThe National Housing Act was signed on June 27, 1934, by President Franklin D. Roosevelt to improve housing conditions, make housing(...)
Natural BuildingA natural building involves a range of building systems and materials that place major emphasis on sustainability.
Necessity EasementAn easement which may be implied by law where an owner of land splits his property so that one of the resulting parcels is landlocked(...)
Net MeterNet metering is an electricity billing mechanism that allows consumers who generate some or all of their own electricity to use that(...)
Net WorthNet worth is a measure of wealth. Net worth is the sum of all assets owned by a person or a company, minus any obligations or liabilities.
NGBS New ConstructionThe NGBS is a point-based system, wherein a single-family or multifamily building(s) can attain certification depending on the(...)
Non-liquid AssetAssets are classified as either liquid or non-liquid. A liquid asset can fairly quickly and easily be turned into cash, while a(...)
Nonrecourse LoanA nonrecourse loan, also known as nonrecourse debt or nonrecourse plan, is one that is secured by collateral. Nonrecourse loans are(...)
NoteA note, also known as a promissory note, is a legal debt instrument where one party makes a promise in writing to pay a certain amount(...)
Notice of DefaultIf a borrower falls behind on his mortgage payments, the mortgage lender might file a notice of default, which is an official public(...)
Notice of RescissionA notice of rescission is a form given with the intention of terminating a contract, provided that the contract entered into is a(...)
