Easily Replace Phone Field to the General Contract

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How to Replace Phone Field to the General Contract

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Hey so I want to start off by saying I received a call today from someone that usually calls me for information when dealing with a license this time is call us in regards to using someone elses license right that means that I dont have a license but I have work coming up I have a contract and I need a license and I have someone thats willing to allow me to use their license what are the pros and cons what do I need to watch out for we do I need to look out for is this right should I do it Im gonna answer that Im gonna answer those questions right now all right so a little more comfortable because this is this is a hot topic here this is something that a lot of contractors out there that just dont know and Im gonna talk about it on both sides theres gonna be a lot of information so listen up so lets say you have a job and you have someone that you can actually piggyback onto their license right so first off its a job that needs to happen tomorrow right so lets talk about bes

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What is the working capital requirement for general contractors in NC?

Valid for individual projects of any size Requires $150,000 Working Capital demonstrated by an Agreed-Upon Report, an audited financial statement, or a $1,00,000 Surety Bond.

How much work can you do without a contractor license in NC?

North Carolina requires that any general contractors working on contracts in excess of $30,000 obtain a license.

Can I plumb my own house in NC?

Homeowners may perform their own plumbing or heating work if they own the land and will personally occupy the structure for 12 months after completion. Permits required by and associated with the North Carolina Fire Prevention Code are enforced by the Alamance County Fire Marshals Office.

What is the general contractor limit in NC?

The practice act providing specific regulatory authority over general contractors is found under N.C. General Statute 87, Article 1. Current laws in North Carolina define general contractors as persons, firms or corporations who enter into contracts for construction projects costing $30,000 or more.

How long does it take to get a general contractor license in NC?

If an application is submitted with a completed exam, the licensing process takes about 30 days. If an exam is required, it will depend on when exams are successfully completed. It takes about 2 to 3 weeks after exams are completed before a license to be granted.

Can I pull my own permits in NC?

Generally, the North Carolina General Statutes require that construction work be performed by an appropriately State licensed contractor who is responsible for obtaining the permit. For zoning permits, either the landowner or the person responsible for the work can obtain the permit.

Can I be my own general contractor in North Carolina?

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.

Can you be your own GC in NC?

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.

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Replace Phone Field to the General Contract