| Maintenance fee | The maintenance fee "kyoeki-hi", covers the mantenance and management of common facilities, such as hallways, stairways, elevators, outdoor lighting and other shared parts of such properties as apartments/condominiums, etc. |
| Maturity date | The last day of the term of the home loan agreement. The home loan must then be paid in full or the home loan agreement renewed. |
| Mortgage | Legal agreement on the terms and conditions of a loan for the purpose of buying real estate. (A Mortgagee lends the money to a mortgagor, the borrower). |
| Mortgagee | One who lends the money for the property. |
| Mortgagor | One who borrows the money to purchase property. |
| Multiple Listing | System of selling the property through many agents. The buyer pays only one commission; this goes to the agent who lists the property on an official multiple listing form and is shared between the first agent and the agent who actually finds the buyer. |
Glossary 
