Free Real Estate Vocabulary Flashcards

Pass the real exam by knowing all of the vital real estate vocabulary terms that are crucial to passing the real estate licensing examination. Study all of the important real estate glossary terms and definitions, and pass with confidence!

M & M Lien

See: Mechanic’s Lien

M Roof

A roof constructed of two double pitched roofs, forming a shape similar to the letter M Utilizes shorter rafters, making construction easier, and allows …

Made-Land

Artificially formed land, either by filling or dredging

Magistrate

Any civil public officer Most commonly used to designate an inferior judicial officer, such as a justice of the peace, police justice, etc

Magistrate’S Court

Court having jurisdiction over minor matters (small claims), and usually not a court of record

Magnesite Flooring

A synthetic floor, floated approximately 1 1/2 inches thick, over a concrete floor Composed of powdered magnesite, magnesium- chloride solution and fillers Also used …

Magnet Store

A major department or chain storestrategically located within a shopping centerto give maximum exposure to smaller satellitestores

MAH

See: Multifamily Affordable Housing

MAI

A designation conferred by the Appraisal Institute upon member appraisers who are qualified to appraise all types of property as well as give real …

Mailbox Rule

Acceptance of a contract offer iseffective the moment it is mailed, even thoughone party has not yet received it

Main

A large conduit or pipe, carrying electricity, sewage, gas, etc, to or from branch lines

Main Circuit

The principal circuit which feeds electric current into smaller circuits (branches) for distribution where needed