By: Martin M. Shenkman, CPA, MBA, JD
Building regulations are broadly all the codes, regulations and rules promulgated by your local town or city governing how construction must be handled. These can include requirements as to sprinkler systems in a commercial building, parking ratios, insulation in a residential building, and so on. Anytime you plan to purchase, construct or renovate real estate you should check with the building department in the community where the property is located to ascertain what the various rules and regulations that might impact you are. These can also be referred to as "building restrictions" and may include local zoning and other ordinances. In addition, you should have a title search done of the property in question and review any restrictions in the deed that may impact the property. These may include easements, etc.
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