Starting with a home renovation project is an exciting process for many people at one point in their lives. However, before transforming your home into that lovely place you always dreamed of, time should be taken to consider legal issues that could be present. It is advised to seek the assistance of a Troy, MI accountant for advice that he or she can give about regional laws and potential financial constraints that you may encounter specifically on the budget and taxes during the renovation.

This guide provides an overview of legal issues and advises to prevent any turbulent waters with your project.

What Permissions Are Required for My Project?

So you might want to start the actual demolition process—here’s what you need to know first: permit insanity. Generally, permission is required for constructing a new structure or modifying the existing one by adding or altering structures for plumbing or wiring purposes. 

Depending on the type of construction activity you plan to undertake, talk to your local building authority office to ascertain which permits are required in your locality, and how to go about it. Building a structure without permits is unlawful which can attract penalties of fines, cease orders, and even demolition of structures.

Who’s on the Team? Contracts are Key!

But one should not forget that there are legal aspects to consider, no matter if one does it alone or hires specialists. When hiring subs, make sure their work and materials are spelled out in the contract, as well as the dates for beginning and completing the project and reimbursement terms, that is, payment schedules, exclusions, and warranties. 

This was very beneficial to both of you because if there is a disagreement of some sort or some other mishap happens. It is recommended that you consult an attorney when the agreements and clauses confuse you.

What If I discover new problems on the way?

When doing renovations to their homes, people always take their homes to pieces and discover such things as asbestos, lead, or structural problems. Be prepared! It’s advisable to have incorporated the plan for handling such circumstances in a contingency clause in your contractor’s agreement, determining who is supposed to meet the expenses. Before the actual renovations start, it is also wise to seek property inspection for any physical risks that might be present.

Conclusion

By observing the following points, it is thus possible to turn an otherwise daunting task of renovating your property into an exciting project. Just remember, the competitive housing market does not mean that you cannot get your dream space; a little planning and proactive legal precaution can help you a long way.