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Las Vegas building code can challenge real estate investors

On Behalf of | Apr 6, 2018 | Real Estate Law

An aspiring real estate developer who either is in the business of building homes or businesses on undeveloped land or prefers to renovate or redevelop older properties has a lot on his or her plate at any time in the project.

For instance, in addition to coming up with the money to pay for the project and investing the time necessary to complete it, the developer has to mind several issues pertaining to real estate law, such as the closing of the real estate transaction itself, as well as the plethora of contracts with those who provide material and labor for the building project.

One thing that absolutely cannot be overlooked, no matter how easy or how tempting it would be to do so, is the obligation of complying with the applicable building codes in Las Vegas or the surrounding Nevada communities, including Henderson and the other suburbs.

These codes are complicated and quite detailed, regulating the minutia of all kinds of construction-related issues, such as fencing, building material and electrical work, just to name a few. Even though they may be hard to follow, a developer will be expected to abide by all of these applicable rules and regulations.

If the developer or his or her contractors do not do so, they may have a hard time getting the necessary permits to complete their project. Without the necessary permits, however, a real estate investment can be a dead loser even before it gets off the ground.

After all, the choice between not going forward with a project after investing thousands of dollars or dealing with daily fines and penalties for code violations offers no good outcomes for a real estate investor.

When permit issues threaten to derail a project, it therefore may be helpful for the investor to seek out a qualified legal representative to help him or her evaluate options and navigate through the regulatory bureaucracy.

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