A formal code of ethics and standards of practice established by the National Association of Realtors (NAR) and by which its members must abide. …
Mortgagor
The person who borrows money to purchase a house. The lender is called the mortgagee. The borrower of mortgage funds. …
National Association of Exclusive Buyer
National trade organization of buyer's brokers whose members do not accept property listings. Call (800) 986-2322 for information and referrals. …
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Mortise Lockset
A doorknob and latch set designed to fit into a rectangular pocket cut into the edge of a door. …
Motivated Buyer
A motivated buyer is a term used in real estate to describe a homebuyer who is highly interested in purchasing a property and is often willing to act quickly, make a competitive offer, or accept less …
Motivated Seller
A seller with a strong incentive to make a deal. …