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Glossary of real estate terms used on this site

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Term Definition
American Institute Of Real Estate Apprai

American Institute Of Real Estate Appraisers (AIREA) Formerly a member organization of the National Association of REALTORS (NAR). AIREA severed its affiliation with NAR in 1990 and merged with the Society of Real Estate Appraisers to form The Appraisal Institute. The Appraisal Institute officially began operation on January 1, 1991.
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