Legal Factors You Should Consider Before Proceeding With Your Home Improvement Project
While it’s true that when you are granted ownership over a certain piece of property, you are also inherently granted the rights of ownership to that property. As an owner of the property, you have the right to use or misuse. You also have the rights to the fruits of your property, especially with business properties.
More...
But, like all rights, your rights of ownership have certain limitations that put in restrictions that no single person exercises his rights to the extent that hinders another person from exercising their own rights.
The realm of real estate is no exception. And while home renovation is a great way to increase the value of your home, there are some circumstances that could get you in trouble with the law. So, as with most things, it’s important to be aware of these laws before you even start drawing up plans for your home renovation project.
So, what exactly are these laws?
Zoning Laws
Zoning laws refer to the way that the government regulates the way that land is developed. They specify the areas in which residential, industrial, recreational or http://thehandynest.com/essential-precautions-when-upgrading-your-home/commercial activities may take place.
This also includes whether or not your renovation would encroach on your neighbor’s territory, as is the case when your home renovation project obstructs the view of your neighbor or if it goes beyond the boundaries of your lot and into your neighbor’s.
Building Permits
Building permits are written authorizations that are given by the government. They are usually required for most home renovation projects in order to ensure that these projects meet safety standards set by the state.
Pushing through with a home renovation project without the proper building permit will get you a hefty fine each time that a home inspector passes by and sees that there is ongoing construction without a permit.
Home Renovation Contracts
Another important aspect of handling home renovation projects comes in the form of ensuring that the developer or the builders of your home are bound by a contract to deliver the agreed upon results on a specific time period. This helps bind the builders to operate within a certain home renovation project budget as well as a certain time period.
This is an important detail as this will help you get what you agree upon and it can also help shield you from any legal liabilities should an accident happen to any of the builders working on your home renovation project.
Conclusion
As with most things concerned with the law, it’s important to be able to consult with a lawyer who is seasoned and well-versed in real estate law such as these Richmond lawyers. There are many factors that play into the buying, selling, and development of real property that it’s easy to get lost in the scale of things.
Hiring a lawyer not only helps guarantee that you’re doing things the proper and legal way, but it also helps you protect your claim and your property.
