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Mode

   The most frequently occurring variate.

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Variate
A single item in a group.



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Mixed-use developments (MUDS)
MUDs combine office space, stores, theaters and apartment units in a single community. MUDs usually contain and offer laundry facilities, restaurants, food stores, valet shops, beauty parlors, barbershops, swimming pools and other attractive and convenient features.

MLS (Multiple Listing Service)
A means by which agents are informed of the properties offered for sale by other agents.

Mobile-home
Prefabricated trailer-type housing units that are semipermanently attached to land, which is either the owner's fee land or a leasehold, such as in a mobile-home park.

Mobile-home loan
A mortgage loan on a large mobile-home, usually drawn for a shorter term than conventional mortgages.

Mobile-home park
An area zoned and set up to accommodate mobile homes by providing water hookups and sewage disposal for each home. The mobile-home park contains all utilities, streets, parking and amenities. Mobile-home parks are also called trailer parks.

Mode

Modern portfolio theory (MPT)
An approach to quantifying risk and return in a portfolio of assets. Developed in 1959 by Harry Markowitz, MPT is the foundation for present-day principles of investment diversification.

Modification
Occasionally, a lender will agree to modify the terms of a mortgage without requiring refinance.

Modified gross
Typically, it is similar to full service; however, operating expenses, taxes and insurance are included in the tenant's rent, utilities, specifically electricity, and interior janitor service are not included.

Modular housing
A relatively recent concept in home construction, aimed at producing housing more economically and faster through prefabricating processes; also called prefabricated housing.

Molding
Decorative trim elements applied to walls, ceilings, and window and door openings.

This dictionary contains 6433 terms.
      












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