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Types of Properties Published

Revised December 7, 2020

 

Residential: Single Family Residence, Manufactured, Condominium, Townhouse, or Stock Cooperative (Shared Ownership), without regard to owner occupancy or rental status. Attached or detached. A Residential listing may include a Single Family Residence with an additional unit such as in-law, guest or staff quarters, separate and on the same parcel. All Residential listings entered into the MLS must include real property except dwellings within a Cooperative Complex.

Multi-family: Two or more legal (conforming) residential units on a single parcel. This does not include single ownership of multiple condos in a project or single ownership of single family residences on separate parcels.

Vacant lot: Land without any dwelling units. This may include parcels that have obsolete structures without value.

Farm and Ranch: Any property, regardless of residence, that has a minimum of 20-acre feet of water rights can be defined as Farm and Ranch.

Business Opportunity: A business which may include personal property and might, but does not necessarily include real property.

Commercial/Industrial: Includes any office, retail, industrial property. Commercially zoned vacant land must be entered in the Vacant Land category.

Lease Only: Rent or lease of any commercial or business property.

Rental: Rent or lease of any residential property.

 

 

Please note this information may be updated from time to time by the  NNRMLS Board of Trustees.

For more information

For more information about NNRMLS Rules, contact us at 775-823-8838

info@nnrmls.com