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Buying a home can be one of the most complex financial undertakings of your life. Clarifying expectations and preparing your paperwork in advance can help to keep the process streamlined and on ...
In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.
Generally, the new construction must be inspected during construction and after completion to ensure compliance with national, regional, and local building codes. Since building permits usually precede outlays for construction, employment, financing and furnishings, they are often used as a leading indicator for developments in other areas of ...
50 Divisions refers to the 50 divisions of construction information, ... and a new division added in 2010 and additional updates completed in 2010, 2011, 2012, 2014 ...
a new building is constructed; a building built for one use is to be used for another (e.g., an industrial building converted for residential use) occupancy of a commercial or industrial building changes, or ownership of a commercial, industrial, or multiple-family residential building changes
New construction home completions were at a seasonally adjusted annualized rate of 1.574 million, which is 8.7% above November and 13.2% above the completions a year ago.