North Carolina General Construction Agreement between Property Owner and Contractor

State:
Multi-State
Control #:
US-13248BG
Format:
Word; 
Rich Text
Instant download

Description

A Construction Agreement is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more property owners and one or more contractors
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  • Preview General Construction Agreement between Property Owner and Contractor
  • Preview General Construction Agreement between Property Owner and Contractor

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FAQ

Yes. One of the facts to which the property owner (or person legally authorized to act on behalf of the firm or corporation owning the property) must attest in the affidavit is that he or she will be personally present at all building inspections required by the North Carolina State Building Code.

It is the owner's responsibility to provide complete and accurate relevant data, as may become necessary for correct installation of the work. The contractor is typically responsible for the correct layout and execution of the work.

Since the licensure statute requires a license only for projects that cost $30,000 or more, there is arguably a fourth tier which is sometimes known as the "handyman exception"for construction projects that cost under $30,000, no license is required.

North Carolina law allows an individual to serve as the general contractor if the land is in your name and the home is to be solely occupied by you and your family for 12 months after completion, without a license and/or experience.

How to Get an NC Contractors LicenseGet a business registration. You will need to get a business registration at the Office of the Secretary of State.Complete your license application.Get a contractor license surety bond.Pass a licensing exam.Pay an application and/or licensing fee.License renewal.02-Jan-2019

If you want to be a General Contractor in North Carolina, it is important to get a General Contractor's License. According to NC § 87-1(a), you must be a licensed General Contractor to undertake construction on any project that has a total value of $30,000 or more.

Current Law: North Carolina law currently requires any building construction or alteration project costing $30,000 or more to be superintended (supervised and managed) by a general contractor licensed in this state.

North Carolina law allows an individual to serve as the general contractor if the land is in your name and the home is to be solely occupied by you and your family for 12 months after completion, without a license and/or experience.

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.

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.

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North Carolina General Construction Agreement between Property Owner and Contractor