The End Of The REPC For Residential Construction


New homes under construction have always been treated differently than other real estate sales. With most real estate, it can be assumed that the property is move-in ready. You usually have a history of residence, and there is no concern about the basic functionality of the home. This is not true with new construction. The government aims to protect consumers by ensuring that the house that they are buying, before they claim ownership, can be a home. They want to insure that the new owner will be able to get reasonable use out of their new property. It would be a [...]