Area Management Broker [AMB] Law and Legal Definition
Area management broker or AMB are property managers who work directly in the field of subsidized housing for the Federal Housing Administration. The main functions of AMB include:
To take over the property;
To prepare repair specifications;
To solicit repair bids from contractors;
To coordinate and inspect repair work;
To supervise maintenance ad security; and
To submit financial reports.
Legal Definition list
Related Legal Terms
- 1873 Survey Area
- Academy for International Conflict Management and Peacebuilding [USIP]
- Active Management
- Active Portfolio Management
- Adaptive Ecosystem Management
- Advance Gambling Activity
- Affiliate of a Futures Commission Merchant, Commodity Trading Advisor, Commodity Pool Operator or Introducing Broker
- Agreement Area
- Agricultural Resource Management Plan
- Agricultural Resource Management Survey
