National Association Of Home Builders Of The U.S. (NAHB)
Definition of "National Association of Home Builders of the U.S. (NAHB)"
Founded in 1942 and located in Washington DC, the NAHB has 155,000 members with 824 local groups. Its membership consists of single, multifamily and commercial home builders. The NAHB serves as a public interest group to support legislation for the home building industry. The NAHB offers educational programs on a variety of topics of interest to the home building industry including construction and remodeling, mortgages, and management issues. It has two subsidiaries: the Home Builders Institute and the National Council of the Housing Industry. It also directs several councils including the National Commercial Builders Council, National Council of the Multifamily Housing Industry, National Remodelers Council and National Sales and Marketing Council.
Popular Real Estate Terms
A rental contact in which the tenant's rental is tied to a change in the price level, such as the Gross National Price Deflator. ...
Warranties issued by contractors, sellers, and real estate agencies that protect home buyers from specified defects in a house as per the contract. ...
Locating a structure after considering such factors as the homeowner's desired privacy, noise, wind, and sunlight. Position of a structure on a specific location relative to ...
Person or business that obtains mortgages for others by finding suitable lenders. The mortgage broker sometimes deals with collections and disbursements. Typically the mortgage broker ...
Significant information that if disclosed would affect an individual's decision. For example, a buyer would probably not enter into a contract with a seller of real property if it was known ...
The age at which one is legally capable of entering into binding contracts, signing a deed and negotiating business agreements. In most states this is the age of majority. Normally this is ...
Materials that are inherently noncombustible, are widely used in constructing exterior surfaces and include brick, aluminum siding, cement, and asbestos shingles. ...
Agreement between the lessee and lessor specifying the lessee's rights to use the leased property for a given time at a specified rental payment. As rental payments are made, rent expense ...
House made using standardized components that are preassembled on an assembly line in a factory rather than being built from "scratch" on a site. Normally, the prefabricate house is trucked ...
Have a question or comment?
We're here to help.