Unit of length usually understood to be Gunter's chain, but possibly variant by locale. Chains equal to 2 poles (one half the standard length) are found in Virginia. The name comes from the heavy …
Engineer’s Chain
A 100 foot chain containing 100 links of one foot apiece. …
Gunter’s Chain
Unit of length equal to 66 feet, or 4 poles. This unit was apparently defined as one tenth of a furlong, a common unit of length in the old days. The mile was redefined from 5000 feet to 5280 feet in …
Inter Alia Mortgage
An Inter Alia Mortgage is a type of mortgage loan that covers multiple properties or parcels of land under a single mortgage document. This mortgage arrangement allows borrowers to use the combined …
Interest Adjustment Date
The date on which the mortgage really begins, usually the first of the month. The interest owed for the number of days between the closing date and the last day of the month is paid on the closing …
Lease to Purchase Option
Buying a piece of property by renting for a specified period, usually one year, with the provision that you will purchase the property at the end of that period for a predetermined sale price. …