North Carolina Sample Letter for Construction Plans
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How to fill out Sample Letter For Construction Plans?
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FAQ
There are three easy steps to take when beginning an independent contractor business: Pick a name for your business. The name of your business should shed a little light on what it is you do and who your target clients may be. ... Get yourself a contracting license. ... Make sure you figure out your recordkeeping and taxes.
North Carolina grants owners an exemption to act as their own general contractor if they meet the following requirements. The property MUST be listed in your name. The property CANNOT be for rent, lease or sale for one year after the project is completed.
North Carolina grants owners an exemption to act as their own general contractor if they meet the following requirements. The property MUST be listed in your name. The property CANNOT be for rent, lease or sale for one year after the project is completed.
The N.C.G.S. 87-1 defines a general contractor as a person, firm or corporation who manages or oversees construction projects where the cost of the project is $40,000 or greater. The State General Contractors License is not required if a project is under $40,000.
For example, a homeowner does not need a general contractor's license when constructing or altering their own home, provided the homeowner obtains all required permits and occupies the home at least 12 months after completion. To obtain a permit, the owner must file for the exemption with their permit application.
