Description:
Public safety is a top priority in New York City. More than a million buildings in NYC must abide by the laws and safety regulations established by the Department of Buildings (DOB) of the city. To further promote “integrity in the construction industry,” the DOB even published an Industry Code of Conduct. A building will receive a violation notice if it violates any DOB laws. But not every infraction is the same. The violation may serve as the basis for a criminal court summons and prosecution, depending on how serious it was. Others have no immediate fines or penalties, so building owners may be inclined to overlook them. Additionally, a standard title search will reveal all reported violations on the property when it comes to buying, selling, or renovating a building. This will put a stop to any further development and property sales until the violations are resolved. Any violation should be handled seriously and right away since it raises concerns about public safety. – PowerPoint PPT presentation