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| National association of real estate brokers (nareb)
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This group, founded in 1947 and located 1629 K Street N.W., Suite 602, Washington, D.C. 20006, has 7,500 members with 15 regional groups and 6 state groups. It offers certification programs for members of the real estate brokerage industry including Real Estate Management Brokers Institute, National Society of Real Estate Appraisers, Real Estate Brokerage Institute and the United Developers Council. The NAREB seeks to promote high ethical real estate practices in the real estate brokerage industry. |
| National association of real estate investment trusts (nareit)
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A trade association that serves REITS, it collects data on the performance of REITs and prepares definitions to be used. Address: 1129 20th Street, NW, Suite 305, Washington, D.C. 20036. |
| National association of real estate license law officials (narello)
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This group seeks to improve real estate licensing examination administration, improve the effectiveness of license law management and implementation, and improve real estate licensing procedures and conducts training workshops. Founded in 1930 and located 2580 South 90th Street, Omaha, NE 68124. NARELLO has 700 members consisting of state administrators managing real estate licensing laws. |
| National association of realtors (nar)
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Trade organization for real estate agents and brokers who become members by agreeing to abide by the organization's code of ethics. Members may call themselves Realtors. |
| National association of realtors code of ethics
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Formal code of ethics and standards of practice by which members of the National Association of Realtors must abide. |
| National association of review appraisers and mortgage underwriters
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This organization awards the Certified Review Appraiser (CRA) designation. Address: 8383 East Evans Road, Scottsdale, AZ 85260. |
| National council of real estate investment fiduciaries (ncreif)
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Organization that collects historical data on various institutional-grade property types, sorted by geographic areas. Publishes data on income and value changes. Index, called Russell-NCREIF Real Estate Performance Report, is often cited as the benchmark for institutional real estate performance. Address: 909 A Street, Tacoma, WA 98402. |
| National council of state housing agencies
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Nonprofit clearinghouse of information on local and state housing agencies. For information: (202) 624-7710. National Electric Code National Electric Code, which is an affiliate of the National Fire Protection Association, sets a minimum standard for electrical installations. |
| National flood insurance
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Insurance based on the National Flood Insurance Program, enacted by Congress in 1969, provides coverage for those people suffering real property losses as a result of floods. Any real estate located in a flood plain area cannot be financed through a federally regulated lender unless flood insurance is purchased. |
| National foundation for consumer credit
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Nonprofit clearinghouse of information on nonprofit credit counseling centers nationwide. For information: (301) 589-5600. |
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