Terms Beginning with M

  1. Management agreement

    A legal document that outlines the boundaries of a property...

  2. Marginal lease

    A rental agreement that hardly comes close to covering the...

  3. Marginal real estate

    Land that just just pays the expenses of running the...

  4. Market/data approach

    A technique of valuing or evaluating real property that is...

  5. Market price

    The amount of money actually received for the sale of a...

  6. Market value

    The most lucrative price that a property is likely to get in...

  7. Marketable title

    A solid or clear title that may be sold that is fairly free...

  8. Mechanic’s lien

    A statutory lien that is established in favor of...

  9. Metes-and-Bounds description

    A legal description of a piece of land that starts at a...

  10. Mill

    A tax rate that is used by municipalities in the process of...

  11. Millage rate

    A property tax rate that is calculated by dividing the...

  12. Misrepresentation

    To convey an inaccurate impression of; to portray in a...

  13. Monetary policy

    The process through which the government, working via...

  14. Money judgment

    A decision handed down by the court that orders monetary...

  15. Money market

    Those businesses, such banks, savings and loan...

  16. Month-to-Month tenancy

    A tenant has a periodic tenancy if they rent for a certain...

  17. Monument

    Fixed natural or manufactured objects, employed in a...

  18. Mortgage lien

    A charge or lien that is placed on the property of the...

  19. Mortgage

    A transfer or pledge of real property that is subject to...

  20. Mortgagor

    One who promises property as security for the repayment of a...

  21. Multiple listing

    An exclusive listing, which is often accompanied by an...

  22. Municipal ordinances

    A municipality's governing body is responsible for enacting...

  23. Mutual rescission

    The process through which two or more parties to a contract...