National Apartment Association (NAA)
Definition of "National Apartment Association (NAA)"
Founded in 1939 and located in Washington, DC, the NAA has 36,000 members with 11 regional groups. It consists of 60 state and local associations of managers, investors, developers, owners, and builders of apartment houses and other residential rental property. It has certification programs dealing with apartment management, maintenance, and property supervision.
Popular Real Estate Terms
Section of the Internal Revenue Code relating to depreciation. Capital improvements made to real property are depreciable. ...
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Rental agreement directly between the landlord and tenant. If the tenant then rents it out to another, it is referred to as a sublease. The relationship takes the following form: ...
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