Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
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The Mortgage Group®


Canadian Financial, Real Estate and Mortgage Glossary

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Macquarie Financial — Maternal Mortality Rate
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Macquarie Financial (MFL) — Company, British Columbia, Alberta, Manitoba, Ontario, and Quebec Canada
  ➥  A Canadian NHA approved mortgage lender that offers mortgages for 1-4 multi-family units.
A study of the economy as a whole, particularly the interaction of its various components.
maintenance feeDefinition
A periodic assessment that residents pay to their homeowners or condominium association to pay for maintenance and repair of common areas.
major credit card (MCC) — Acronym
Negligent acts done by a professional that causes injury to a plaintiff.
malpractice insuranceDefinition
Insurance that covers professionals from liability due to their own negligence or intentional harm.
Manitoba Home Builders' Association (MHBA) — Company, Manitoba, Canada
Manitoba Housing and Renewal Corporation (MHRC) — Company, Manitoba, Canada
  ➥  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Manitoba New Home Warranty Program (MNHWP) — Manitoba, Canada
Provides a standardized package of warranty protections and services for use by home builders in Manitoba.
Manitoba Public Insurance (MPI) — Company, Manitoba, Canada
Manitoba Society of Seniors (MSOS) — Company Est.1979, Manitoba, Canada
  ➥  Promotes needs and concerns of Manitobans age 50 plus.
manufactured housingDefinition
Factory-built home that can be placed temporarily or permanently upon land. Styles vary from modest trailers to dwellings that look like site-built houses.
manufacturer's suggested retail price (MSRP)Definition
Stands for Manufacturer's Suggested Retail Price. It represents the manufacturer's recommended selling price for a vehicle and each of its options.
Manufacturers Life Insurance (MLI) — Company Est.1887, Canada-wide, Important
Manulife Trust Company — Company, Canada-wide
The difference between the cost and the selling price.
marginal rate of return (MRR) — Acronym
marginal tax rate (MRT) — Acronym, Important
marine insurance policy (MIP) — Acronym
marital deductionDefinition
For estate tax and gift tax purposes, a deduction that allows you to transfer assets to your spouse tax-free.
market conditionsDefinition
Factors that affect the sales of homes in an area, such as interest rates, the unemployment rate, home appreciation, weather and time of year.
market potential value (MPV) — Acronym
market value (MV)Definition, Important
Also known as "Fair Market Value." The estimated value of a property which a seller could expect to receive under normal conditions.
market value added (MVA) — Acronym
market value adjustment (MVA) — Acronym
market value appraiser (MVA) — Acronym
marketing spending account (MSA) — Acronym, Important
  ➥  Broker compensation / loyalty program offered by MCAP.
Master of Real Estate Development (MRED) — Acronym
Program offered at graduate level schools generally focusing on the four main elements of real estate development: design, finance, investment, and policy.
master promissory note (MPN) — Acronym
maternal mortality rate (MMR) — Acronym
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Macquarie Financial — Maternal Mortality Rate
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MaturityMinimum Balance to Open...

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Index for The Letter 'm'

Page 1: Macquarie Financial
Maternal Mortality Rate
Page 2: Maturity
Minimum Balance to Open an...
Page 3: Minimum Monthly Balance
Mortgage Acceleration Clause
Page 4: Mortgage Application
Mortgage Rate Sheet
Page 5: Mortgage Renewal
Mutual Non-Disclosure...

Notable Terms

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