National Society Of Real Estate Appraisers (NSREA)
Definition of "National Society of Real Estate Appraisers (NSREA)"
A professional society which is an affiliate of the National Association of Real Estate Brokers. The purpose of the NSREA is to formulate rules of ethics and professional conduct and enforce these rules to the benefit of its members. It awards the professional designation of " Master Real Estate Appraiser", " Certified Real Estate Appraiser", and " Residential Appraiser" to those who successfully complete a prescribed course of study and final examination. Membership in NSREA consists of five categories. These include Candidate, Member, Junior Member, Senior Member, and Master member. All persons who have successfully passed all qualifying procedures are entitled to use the designation Certified Real Estate Appraiser (CRA).
Popular Real Estate Terms
Prevalent type of property taxes assessed on real estate. It is usually collected by the local government and distributed among agencies to finance services. ...
(1) Return of the principal invested in real estate. It excludes income earned. (2) Collection of a previously written off bad debt. ...
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ADU in real estate is an abbreviation for Accessory Dwelling Units. In everyday discourse, you might have encountered the term under the following nicknames: granny flat, backyard cottage, ...
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Person, such as the beneficiary of a deed, asking that he be informed if the property is foreclosed by someone else. ...
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Deed given by a trustee at a deed of trust foreclosure sale. ...
Water/plaster mix used as a surface for walls and ceilings. ...
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