Jo Dorner

Real Estate Glossary

makai
Due to the circular nature of an island, and its often windy roads, normal directions like 'north' and 'south' can sometimes be confusing. So two common terms used in Hawaii are 'mauka' and 'makai.' Mauka means toward the mountains, and makai means toward the sea.
maturity
The date a loan is due.
mauka
Due to the circular nature of an island, and its often windy roads, normal directions like 'north' and 'south' can sometimes be confusing. So two common terms used in Hawaii are 'mauka' and 'makai.' Mauka means toward the mountains, and makai means toward the sea.
modification
A change that a lender makes in the terms of your mortgage that does not require you to refinance the loan.
mortgage
A legal document that pledges a property as security for payment of a debt.
multidwelling unit
A property that provides housing units for multiple families, on which there is a single mortgage.
Joline L. Dorner R(S) 29732
Hawaii Life Real Estate Brokers
Christie’s International Real Estate
Who’s Who Hawaii Real Estate
Top 100 for 2008
www.jodorner.com
Cell 808 276 9015
Office 808 667 5028
Email: Jo@JoDorner.com
Hawaii Life
Mailing Address
Jo Dorner, R(S)
P.O. Box 998
Lahaina, HI 96767
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