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Glossary

NAEA


National Association of Estate Agents

NALS


The National Approved Letting Scheme is a Government backed accreditation scheme

National Approved Letting Scheme


The National Approved Letting Scheme is a Government backed accreditation scheme

NAV


An expression used with investment trusts to mean the value of the fund's underlying assets

Net asset value


An expression used with investment trusts to mean the value of the fund's underlying assets

NHBC


National House Building Council

Non-Suit


Proceedings where the plaintiff has failed to establish to the Court's satisfaction that there is a case for the defendant to answer

Notary


Someone who is authorised to swear oaths and certify the execution of deeds such as a Solicitor

Notice Of Issue


Notice sent by a Court to the claimant giving notification of the case number allocated to their action and details of fees paid. Confirms date of service.

Notice To Quit


Gives prior notice, when served in possession proceedings, of termination of a tenancy - see ending a tenancy for help in letting

Notice To Tenant


See section 8 and 21 under letting ending a tenancy
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Starting a tenancy
Preparing to let The do's and dont's The vetting process Documents required Using a letting agent The good letting guide
Managing a tenancy
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Ending a tenancy
The checkout and exit How to deal with a problem tenant Compare eviction notices Recovering debt Enforcing court orders Section 21 notice Section 8 notice
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