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Joe

New Georgia Contractors Licensing Law

Categories: Home Remodeling and Repair, Real Estate Investing, Contractors, Local News
Posted Wednesday, May 21, 2008 | 319 Views | 3 Comments |Article Rating

I received and email from GAREIA that has some useful information around the subject.  Below are the highlights.

There is a new law going into effect July 1, 2008. The new law will impact the Real Estate Investing community, which, admittedly, Georgia lawmakers did not consider. The law is Title 43 Chapter 41 Residential Contractors and General Contractors. To read it, follow these directions:

Here is the short version from a member of the Contractors Licensing Board: If you own property as a primary residence, you may hire subcontractors to work on it and you may pull permits. If you have rental-as long as there is not structural work to be done-you may or may not hire contractors, but you definitely can not pull permits. However, if you fixing and flipping properties you MAY NOT pull permits or even HIRE subcontractors unless YOU are a licensed residential contractor or you HIRE a general contractor. So, you may not Fix and Flip in the State of Georgia unless you go to a class, pass a test have a line of credit or a licensed bond and the State decides to approve you. Or, you can hire and PAY a GENERAL CONTRACTOR. This is especially important if you are not taking title of the property.

GaREIA PAC Summary of the Georgia Contractors Licensing Law by Ron Jayson

On July 1, 2008, the new Georgia Contractors Licensing law goes into effect. Ron Jayson, attorney and former GaREIA PAC lobbyist, thoroughly researched the law, which is almost 15,000 words, and boiled it down to this downloadable 20 pages. Whether you are a landlord, wholesaler or retailer, you need to know the details of the new law to avoid potential fines or even jail time. The Contractor Law download (PDF format) is available by clicking here.

Comments

Douglas Ingram on Thursday, May 22, 2008
Joe - thanks for posting the blog regarding changes to investors created by the new legislation. Can you please provide an alternative link. The link you referenced on the Georgia Real Estate Investors Association website is no longer valid and says it has been removed due to a copyright issue.

Thanks again for this information very helpful.
Ivan Tchakarov on Thursday, May 22, 2008
Joe, thanks for posting this - valuable info.

Doug, the links works for me, it opens a pdf document?
Kevin on Thursday, May 29, 2008
Doug is right...the pdf is only a one pager that says that the document is not available
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