NAICS Code Lookup

Lessors of Residential Buildings and Dwellings

General

NAICS Code
531
Industry

Phraseology

Real Estate

Description

Industries in the Real Estate subsector group establishments that are primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services.

This subsector includes equity Real Estate Investment Trusts (REITs) that are primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles.

Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction.

NAICS CodesNAICS Description
53111Lessors of Residential Buildings and Dwellings
53112Lessors of Nonresidential Buildings (except Miniwarehouses)
53113Lessors of Miniwarehouses and Self-Storage Units
53119Lessors of Other Real Estate Property
53121Offices of Real Estate Agents and Brokers
53131Real Estate Property Managers
53132Offices of Real Estate Appraisers
53139Other Activities Related to Real Estate
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