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As the general contractor, you may hire subcontractors, make contracts with them, and monitor their work. Each step in this process can take time and energy, and having multiple subcontractors working on the same project at the same time can be complicated.
The local building inspector is required to submit the affidavit to the North Carolina Licensing Board for General Contractors for verification that the property owner is eligible to act as his own general contractor under the exemption to G.S. 87-1.
(GS 87-10(a); NCAC Title 21 Chapter 12A . 0300) be at least 18 years old, possess good moral character, as determined by the Board. provide evidence of financial responsibility, as determined by the Board. submit the appropriate application fee.
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.
You can save money by acting as your own general contractor, though it can be time-consuming and stressful. Proper preparation and thorough research can help set you up for success. If youre not comfortable in the role of general contractor, hiring a pro is worth the money.
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