How much will my land development bond cost in Charlotte-Mecklenburg County, North Carolina?
The required amount of land development bonds in Charlotte-Mecklenburg County, North Carolina, varies depending on where the work is completed. If the applicant is working in Mecklenburg County only, the bond amount will be $1,000. If work is being done in the City of Charlotte only, the bond amount is $2,000. If the applicant is working in both the city and the county, the required bond amount will also be $2,000.
Both $1,000 and $2,000 surety bonds for Mecklenburg and/or Charlotte are issued instantly and cost just $100— no underwriting required.
|Bond Type||Bond Amount||Cost|
|$1,000 Mecklenburg County Land Development Bond Mecklenburg County Only||$1,000||$100|
|2,000 Mecklenburg County Land Development Bond Mecklenburg County and City of Charlotte||2,000||$100|
Why are contractors in Mecklenburg County & Charlotte required to be bonded?
By purchasing a land development surety bond in Mecklenburg County & Charlotte, North Carolina, the applicant assures that his or her duties as a developer will be performed ethically and lawfully. Developers must remain in compliance with land development regulations, rules, and ordinances, which include the following:
- Building code matters
- Subdivision matters
- Storm water matters
- Soil erosion and sedimentary control matters
- Fire marshal matters
- Air quality matters
- Planning commission matters
- City engineering matters
- County environmental health matters
How to get a land development permit in Mecklenburg County
Land developers working in Mecklenburg County are required by the Mecklenburg Land Use and Environmental Services Agency to submit a land development plan and have a site inspection done before beginning any project. Land development plan reviews and site inspections are required for both commercial and residential projects.
Once developers have submitted their project proposal for review, developers are also required to obtain a surety bond for a percentage of the total amount of construction cost.
When are land development and construction bonds required?
Mecklenburg County Land Development requires contractors to be bonded when an incomplete construction project is being developed and requires public improvements, recordation, certificate of occupancy, and compliance with requirements of the Town and Mecklenburg County Land Development.
How long do land development bonds last?
Mecklenburg County & Charlotte, North Carolina land development construction bonds remain continuous until canceled. The bond can be canceled if the surety files notice with Mecklenburg County 30 days prior to the cancellation date.
The applicant must specify if he or she is an owner or occupant constructing a new residence on their own property on the bond form. If the property owner is performing construction work that exceeds $2,000 in total costs, a surety bond is required.