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South African Real Estate

m

There are definitions relating to "m" awaiting approval...

management rules - Management rules for a sectional title scheme deal with the control, admi...

mandate - An instruction or authority given to an estate agent to render a particul...

margin - A fixed percent of interest added to the individual [financial] index to ...

market value - The price a willing buyer will pay to a willing seller for a similar prop...

marketing price - The advertised price for a property. The marketing price is also often ca...

married in community of property - In South Africa, couples can choose to be married in community of propert...

married out of community of property - In South Africa, a couple may choose to get married out of community of p...

modification - Any change to the original terms of a mortgage. ...

mortgage - A mortgage is a loan which is secured by immovable property. The mortgag...

mortgage - A legal document that pledges property to a lender as security for the re...

mortgage banker - An individual or company that uses it's own funds to make and/or service ...

mortgage bond - A limited real right held by a lender for a loan secured by immovable pro...

mortgage broker - An individual or company that arranges financing between the lender and t...

mortgage insurance - Insurance which protects the lender in the case of a loan default. Mortga...

mortgage-backed security - A financial security that represents an undivided interest in a group of ...

mortgagee - The lender who lends money to someone against registration of a mortgage ...

mortgagor - Someone who borrows money and allows registration of a mortgage bond over...

movable property - Movable property refers to any property, other than land and improvements...

multi-family housing - A building with more than four residential rental units. ...

mutual bank - A financial institution registered in terms of the Mutual Banks Act 124 o...


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