Net Income
- Net worth after the deduction of taxes
Net Lease
- The type of lease in which the lessee pays a fixed amount as lease plus an additional amount towards the maintenance of the property (operational cost)
Net Worth
- The net sale price of your property after deducting liabilities
NOC
- A certificate issued by the development authority that the construction plans conform to the guidelines and rules laid down by the General Body
Notice
- Sending one’s intention to take legal action, in writing
Nominee
- A person who acts on behalf of another individual and takes responsibility in decision making
Notice to Quit
- A clause which formally asks the tenant to vacate the rental premises
Notarize
- A process to verify the authenticity of the documents done by the Notary Public