New construction builder's LLC set to expire? - Michael McVinney
Contact Michael McVinney, a NY licensed Real Estate Broker. Michael McVinney is also licensed in PA.
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New construction builder’s LLC set to expire?

We are in the process of closing on a brand new construction. We were suppose to close yesterday, but apparently the city has not issue a permit for the front deck yet. The builders said the city won't give them a set ECD at the moment and that it is in process. So the builder suggested if we contact the city ourselves we might be able to move the process along faster.

A friend bought a new build a couple years ago, the company dissolved (changed their name) and they were SOL when it came to the limited warranty.

They pointed out our builder's LLC was set to expire the end of year. I went onto our state's secretary of state website and looked up the builders LLC (Pictured) and sure enough, it's set to expire end of year.

Should I be worried in my situation? Or is this something the builder could renew at the end of the year? They've been around since 2009 I believe, and are still building new developments around the state

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