Extralateral Rights

Extralateral Rights are the rights of a lode mining claim owner to follow a mineral vein downward beyond the side boundaries of their claim, even when the vein passes underneath a neighbor’s land. The right depends on the vein’s apex, its highest point or the place...

Astronomic Meridian

Astronomic Meridian is a north-south line used in surveying that points to “true north,” found by observing the stars or the sun rather than by using a compass. To find it, surveyors traditionally sighted the North Star (Polaris) or the sun at a precisely recorded...

Allocation by Abstraction

Allocation by Abstraction is a method used in real property appraisal for estimating the value of land on a parcel that has been improved with buildings or other structures, particularly where sales of comparable vacant land are scarce. It combines two related...

Arpent

Arpent (from Old French, ultimately from Gaulish arepennis) is a pre-metric French unit of both length and area, historically used in land surveying throughout France and its North American colonies, including Quebec, Louisiana, and the Mississippi and Missouri river...

A-Paper Loan

If you think an A-paper loan sounds like a good bet, you’re right. An A-paper loan, also called an A-credit loan or prime loan, is a mortgage made to a borrower who meets a lender’s highest or near-highest credit standards. A-paper borrowers generally have...

Clawback

A clawback in the mortgage lending industry may sound a bit desperate… and, well, it sort of is. A clawback generally refers to the recovery of money that was previously paid or transferred. The term can arise in several contexts. For example, a mortgage lender or...