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Magnet Property

Business that have the ability to bring large number of customers to an area. These businesses can also be called anchor or leader properties.

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Mail Fraud

The use of the mails to execute a fraudulent scheme.

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Mail Service Contract Bond

Bond which guarantees that mail delivery will take place as contracted.

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Mailed

Mailable matter which is properly addressed, stamped with the proper postage, and deposited in a proper place for receipt of mail.

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Maim

To cripple; mutilate; disable.

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Maintenance

Up Keeping and preserving the condition of the property.

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Maintenance Bond

Contract bond guarantees that obligations imposed by law and in contract upon the principal for repair or replacement of defective work and materials will be fulfilled for a stipulated period of time after completion of a job.

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Majority

Legal age

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Majority Shareholder

A party holding or controlling more than fifty percent of the issued shares of a corporation – has all control over a corporation and can act with little regard for the interests or the minority shareholders.

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Malfeasance

Performing an unlawful act. Also, any wrongful conduct that affects, interrupts or interferes with the performance of official duties.