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Mechanic’s Lien

May 19, 2014 2:38 pm Published by Comments Off on Mechanic’s Lien

A claim against the title of a property by a party who supplies labor or materials to that property.

Median

May 19, 2014 2:38 pm Published by Comments Off on Median

Defined as the middle value of a data set (or sample) when the values are arranged in order (by size... View Article

Metropolitan Statistical Area (MSA)

May 19, 2014 2:39 pm Published by Comments Off on Metropolitan Statistical Area (MSA)

Generally, the area in and around a major city.  The Office of Management and Budget (OMB) defines an MSA as... View Article

Mid-month Convention

May 19, 2014 2:39 pm Published by Comments Off on Mid-month Convention

A requirement of the Tax Reform Act of 1984 that taxpayers use the 15th of the month to establish the... View Article

Moving Allowance

May 19, 2014 2:40 pm Published by Comments Off on Moving Allowance

A specified dollar amount paid by the owner to cover, in part or in whole, tenant moving expenses.  Also known... View Article

Moving Expenses

May 19, 2014 2:40 pm Published by Comments Off on Moving Expenses

The cost incurred by the tenant to move into the new space.  The landlord may pay a portion or all,... View Article

Multifamily Housing

May 19, 2014 2:40 pm Published by Comments Off on Multifamily Housing

Housing units that accommodate more than one family or household.

Multiple-use Office Space

May 19, 2014 2:41 pm Published by Comments Off on Multiple-use Office Space

Office space that can be used for a variety of purposes; sometimes referred to as generic office space.

N

May 19, 2014 2:42 pm Published by Comments Off on N

A component of the T-bar that represents the number of periods over which the investment is held.

National Association of REALTORS®

May 19, 2014 2:42 pm Published by Comments Off on National Association of REALTORS®

A national trade organization for real estate agents.  It is the largest trade association in North America, and requires its... View Article