Contract Contractor Building For Lease In Phoenix
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Just because the ad says it does NOT mean it's true! An unlicensed entity may be a company or individual. To be a contractor in Arizona, an entity must be licensed.
Taxable Contracting Activities All contractors are considered to be prime contractors and must have a transaction privilege license. This includes general contractors, subcontractors, and specialty contractors.
When is a contract legally binding? Typically, a document that includes an offer, acceptance, and appropriate consideration will be considered legally binding. In most cases, a contract is binding in Arizona even if the parties signed it in another state.
The qualifying party must possess at least four years of contracting experience and sit for two major trade examinations when applying for a general contractor license in Arizona. The state requires contractors to ace the AZ Statutes and Rules Training Course and Exam (SRE) and Trade exam in their specialty areas.
