Permits

Front Money
Front money refers to the initial capital required to begin a real estate development project. It includes funds needed for tasks like site acquisition, planning, permit acquisition, and securing loan commitments.
Prime Contractor
A Prime Contractor, also known as a General Contractor, is primarily responsible for the overall coordination of a construction project. This role includes hiring and managing subcontractors, securing necessary permits, ensuring compliance with building codes, and overseeing the project to completion.

Real Estate Lexicon

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