Real Estate Glossary
Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.
- Mud
- Slang for mortar or gypsum wallboard joint compound. Ceramic tile cement.
- Mud Pan
- Rectangular container, long enough for a wide taping knife to remove compound, used to hold gypsum wallboard joint compound.
- Mudsill
- Horizontal piece of pressure-treated board, which is placed and fastened on top of a foundation, upon which the rest of the framing is erected. It is also called a sill plate.
- Mullion
- Vertical dividing bar between windowpanes or panels.
- Mullion Windows
- Two side-by-side windows, separated by a very small distance.
- Multi-centered Arch
- This arch, also called a flat arch, straight arch, minor arch, segmented arch, or jack arch, has a horizontal top surface, with a span of up to 6 feet, can support loads up to 1,000 pounds per square foot, with a rise to span ratio of 0.15 or less.
- Multi-dwelling Property
- Residential property containing individual units for several households within the same structure.
- Multi-face Fireplace
- Fireplace that has two or more sides to open to more than one room.
- Multifamily Property
- Residential property containing individual units for several households within the same structure.
- Multifamily Mortgage
- Mortgage that covers a dwelling with more than four units.
- Multi-layer
- More than one layer.
- Multi-meter
- Electric meter that serves more than one function.
- Multi-metering Center
- For use in multiunit dwelling, the electrical panel has several electrical power recording meters, giving each unit its own meter.
- Multi-outlet Strip
- AC power supply which houses several receptacles for use when several appliances need to be grouped together, such as a television, VCR, lighting, etc.
- Multiple Dwelling
- More than one dwelling unit sharing a common wall and roof.
- Multiple Listing
- Arrangement where the real estate listings of many local agents are provided.
- Multiple Listing Service (MLS)
- Service combining the listings, in one database, of all the available homes, except those being sold by the owner, in a specific area.
- Multiple Offers
- More than one offer to purchase a property, which usually occurs in a seller's market.
- Multiple Switching
- Electrical switches that allow control from several places, such as at either end of a hallway.
- Multi-ply Construction
- Increasing the fire rating of a structure by using more than one layer of gypsum wallboard.
- Municipal
- Having to do with a city or town or its government.
- Municipal Housing Inspector
- Inspector employed by cities or counties to verify that all contractors are meeting building codes on all construction sites within a specific area.
- Municipal Sewer
- Also called public sewer, it is the main sewer system to which private sewers are connected.
- Muniments of Title
- Documentation of ownership, such as a deed.
- Muntin
- Also called sash bars, they divide window openings.
- Muriatic Acid
- Sulfuric acid mixed with water and commonly used to clean brick or other masonry.
- Mutual Consent
- Two or more parties agree to something.
- Mutual Funds
- A trust or corporation formed to invest the funds it obtains from shareholders in diversified securities.
- Mutual Savings Banks
- State chartered banks, which are owned by the depositors and operated for their benefit. Many of these banks hold a large portion of their assets in home mortgage loans.
- Mutual Water Company
- Business entity providing water services in a particular locality.
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