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Net Lease
A lease in which there is a terms for the tenant to pay, additionally to rent, certain costs related with the operation of the property.
Net cash flow
The income that remains for an real estate investment property after the monthly operating income is reduced by the monthly home outlay that further includes principal, interest, taxes, and insurance as well (PITI) for the mortgage, homeowners' association dues, leasehold payments, and secondary financing payments.
Net worth
Any value of a person's possessions, comprising cash, minus all liabilities.
Notice of Default
An official written notice to a borrower that a defaulting has occurred and further legal action might be taken. Top
An official written notice to a borrower that a defaulting has occurred and further legal action might be taken.
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