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Glossary of Terms > M > Multi-family Home

Multi-family Home

A property that consists of a structure providing living space (dwelling units) for 2-4 families, although ownership of the structure is evidenced by a single deed. Often times, the owner will reside in one unit while renting out the others to help defray the cost of the mortgage.

M Terms

Mandatory Disclosure

Margin

Maturity

Median Price

Mill Rate

Mixed-Use

Modification

Mortgage

Mortgage Broker

Mortgage Insurance

Mortgage Life / Disability Insurance

Mortgagee

Mortgagor

Multi-family Home

Multiple Listing Service