Definition: the point when two people, thinking of the same thing, reach an agreement through an offer and acceptance Pronunciation: Used in a Sentence: Once the buyer and seller came to a meeting of the minds the contract was able to ..
Category : M
Definition: any of the imaginary lines running north and south used by surveyors for reference in locating and describing land under the government survey method of property description Pronunciation: \mə-ˈri-dē-ən\ Used in a Sentence: The Tallahassee principal meridian and base line are the reference lines that govern surveys i..
Definition: a common method of legal description that identifies a property by specifying the shape and boundary dimensions of the parcel. A metes-and-bound description starts a the point of beginning and follows the boundaries of the land by compass direction and linear measurements and returns to the point of beginning. Pronunciation: \ˈmēt\ \ˈbau̇nd\ \di-ˈskrip-shən\ Used ..
Definition: a unit of money used to specify a property tax rate; one-tenth of one cent Pronunciation: \ˈmil\ Used in a Sentence: The mill rate used to determine the property tax..
Definition: a tax rate, expressed as the number of mills to be applied Pronunciation: \ˈmi-lij\ Used in a Sentence: The millage rate for the school district is 5 mil..
Definition: the duties of the Division of Real Estate that involve recordkeeping Pronunciation: \ˌmi-nə-ˈstir-ē-əl\\ˈdü-tē\ Used in a Sentence: All of the recordkeeping done by the Division of Real Estate is part of their ministri..
Definition: a crime that carries a less severe punishment than a felony; specifically: a crime punishable by a fine and by a term of imprisonment not to be served in a penitentiary and not to exceed one year Pronunciation: \ˌmis-di-ˈmē-nər\ Used in a Sentence: Failure to provide accurate and current rental information for a ..
Definition: a false statement or concealment of a material fact made with the intention of inducing some action by another party Pronunciation: \(ˌ)mis-ˌre-pri-ˌzen-ˈtā-shən, -zən-\ Used in a Sentence: Misrepresentation can be an affirmative statement such as, “This house does not have termit..
Definition: the actions undertaken by the Fed to influence the availability and cost of money and credit Pronunciation: \ˈmä-nə-ˌter-ē also ˈmə-\ \ˈpä-lə-sē\ Used in a Sentence: The Federal Reserve is charged with the action of setting moneta..
Definition: a visible marker, either a natural or artificial object, set by the government or surveyors, used to establish the lines and boundaries of a survey Pronunciation: \ˈmän-yə-mənt\ Used in a Sentence: The surveyor identifies each corner of the property with a visible marker called a..