Bill Gearhart

The United States has a law named “eminent domain” that grants local, state, or federal government the right to take ownership of a private property with or without the consent of the owner. The property is used for the benefit of the community as most often the property is changed into ...

Latin: now for then. Descriptive of actions which are performed after a deadline has elapsed, but retroactively have the same effect as if they were carried out in a timely manner. For example, a property title is transferred to a new owner. The wife of the original owner, who owned the property joi...

Special tax incentive for the continued use and rehabilitation of historical buildings and old structures in an effort to arrest urban decay. Developers receive a credit based on a percentage of the cost they incur rehabilitating these structures....

Professional designation earned after the successful completion of four national examinations given by the insurance institute of America (IIA). Covers such areas of expertise as the claims person and the public, principles of property, liability claims adjusting, property insurance adjusting, and l...