- M -

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Malibu effect - A slang term used to describe the resilience of many waterfront property values when repeatedly damaged by natural forces.

Market conditions - An increase or decrease of real estate value due to general market conditions.

Market resistance - The risk, if any, associated with the ongoing stage of a detrimental condition analysis; includes the reluctance on the part of the real estate market to buy a property that has historically been damaged or tainted. Sometimes called stigma.

Matrix - Hard, non-friable material (e.g., concrete) that contains asbestos.

Maximum contaminant level (MCL) - The maximum level of contaminant discharge without violating regulatory standards, usually mandated by state requirements and referencing maximum levels of toxins in drinking water.

Megan’s Law - A federal law that requires states to facilitate the disclosure of the location of convicted sexual molesters.

Mesothelioma - A form of chest and abdominal cancer caused by asbestos exposure.

Metals - A classification of possible contaminants such as mercury or lead.

Military airport - Proximity to a military base with an airport.

Molds - A growth of fungus or other molds on a property, typically in cold or damp areas.

Monitoring facility - Equipment installed to monitor groundwater below or near an encapsulated site. Used to test if seepage or leaching is occurring on an encapsulated site.

Monsoon - A violent storm with the characteristics of heavy rains and strong winds.

Moratorium - A stop or restriction of development.

Mortgage - Debt financing where the property is used as collateral.

Movement - The movement or shifting of soils.

MRI release - The escape of magnetic fields from a medical diagnostics device.

MTBE - Methyl tertiary butyl ether, a gasoline additive.

^ Top of Page