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Nominal price
The price paid for goods or services at the time of a transaction; a price that has not been adjusted to account for inflation.

Nominal size
As applied to timber or lumber, the size by which it is known and sold in the market; often differs from the actual size.

Nominee
A person or company in whose name real estate is transferred. One, who in a limited sense, acts for or represents another.

Non sequitur
Latin for it does not follow. The conclusion of a statement or phrase is illogical.

Non-abrasive scrubbing pad
A cleaning pad that will scrub without scratching metal or acrylic surfaces.

Non-alienation clause
Clause in a document forbidding an individual from selling or transferring a subject property to another and is normally used in a trust where the grantor of the trust believes the designated beneficiary to be a spendthrift.

Non-assumption clause
Loan provision prohibiting the transfer of a mortgage to another borrower without lender approval.

Non-bearing partition or wall
A wall that provides no support to the structure in which it is located and does not support any floors above it.

Non-breathing membrane
A membrane that does not permit water vapor or air to permeate it.

Non-centered ridge
A roof ridge that is offset from the centerline of a structure.

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