Municipal water use

Water for residential, commercial, or industrial use: for irrigation of parks and open spaces: or for related purposes.

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Mortgage broker

Independent professional who seeks financing for a real estate transaction from seeks the best price and terms in a competitive market from a network of lenders.

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Mortgage banker

Bank employee professional who seeks clients with pending real estate transactions and are in need of financing. Mortgage bankers review a property and the proposed deal to advise on the terms of financing the property owner will likely qualify for.

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Mortgage

Written instrument creating a lien on real property, or by which title to the real property is held as security for the repayment of a debt. The owner (the mortgagor) borrows money from a lender (the mortgagee), and the loan is documented with a promissory note and secured by a mortgage or other security interest.…

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Mineral rights

The right to search for, develop, and remove minerals from land or to receive a royalty based on the production of minerals.

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Metes and bounds

A method of describing land in which boundaries are defined by courses, directions, distances, and monuments.

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Mechanic’s lien

Lien on real estate, created by operation of law, which secures the payment of debts due to persons who perform labor or services or furnish materials incident to the construction of buildings and improvements on the real estate.

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McCarran Amendment

Waves the sovereign and immunity of the United States so as to allow state courts and agencies to adjudicate Federal water rights in proceedings that qualify as general stream adjudications. The waiver of immunity from suit has been interpreted by the courts to include claims against the United States as trustee of reserved water rights…

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