Permits are usually included in a contractors bid. If there are no permits pulled, the homeowner is responsible. Proper permits are necessary when selling or insuring your home.
Who is responsible for pulling permits in Pennsylvania?
1 The Home Builder shall obtain and pay for the building permit and other permits and governmental fees, licenses and inspections necessary for proper execution and completion of the Work. The Home Builder shall provide the Owner with copies of all permits, licenses, and inspection approvals. § 5.6.
Who is responsible for pulling permits in Illinois?
Every contractor has their process for pulling permits before a project, but the most ethical route is for the business to pull the permit. Legitimate contractors and subcontractors take this route because they don't want someone else's name on their work.
Who is responsible for pulling permits in Michigan?
Michigan state law allows homeowners to obtain permits to work on their own homes. It is against the law for contractors to perform work under permits obtained by homeowners. The contractor you hire to complete a home construction project should be the person who obtains the permit from the city.
How do permits work in Texas?
Which of the following is an example of a real option in an investment decision?
Real options can include the decision to expand, defer or wait, or abandon a project entirely. Real options have economic value, which financial analysts and corporate managers use to inform their decisions.