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Commonly Asked Questions about North Carolina Construction Legal Forms

The statute of repose in North Carolina is six years from substantial completion or last specific act or omission of the defendant to file suit.
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.
Submit your application and pay your license fees General contractor license $75 for a limited, $100 for an intermediate, and $125 for an unlimited license classification. Electrical contractor license $85 for a limited, $130 for an intermediate, and $180 for an unlimited license classification.
In North Carolina, you only need a handyman license if you work on projects worth more than $30,000. You do not need a license if you work on projects valued at less than $30,000 or if you are a subcontractor.
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.