GOODALE & GOODALE PLLC
Summary
New Housing For-Sale Builders | Residential Remodelers | Land Subdivision | Lessors of Residential Buildings and Dwellings | Lessors of Nonresidential Buildings (except Miniwarehouses) | Lessors of Other Real Estate Property | Offices of Real Estate Agents and Brokers | Residential Property Managers | Nonresidential Property Managers | Other Activities Related to Real Estate
Industry
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Classification
Description
New Housing For-Sale Builders
This includes establishments primarily engaged in building new homes on land that is owned or controlled by the builder rather than the homebuyer or investor. The land is included with the sale of the home. Establishments in this industry build single-family and/or multifamily homes. These establishments are often referred to as merchant builders, but are also known as production or for-sale builders.
Residential Remodelers
This includes establishments primarily responsible for the remodeling construction (including additions, alterations, reconstruction, maintenance, and repairs) of houses and other residential buildings, single-family and multifamily. Included in this industry are remodeling general contractors, for-sale remodelers, remodeling design-build firms, and remodeling project construction management firms.
Land Subdivision
Establishments in this category are primarly engaged in servicing land and subdividing real property into lots, for subsequent sale to builders. Servicing of land may include excavation work for the installation of roads and utility lines. The extent of work may vary from project to project. Land subdivision precedes building activity and the subsequent building is often residential, but may also be commercial tracts and industrial parks. These establishments may do all the work themselves or subcontract the work to others. Establishments that perform only the legal subdivision of land are not included in this industry.
Lessors of Residential Buildings and Dwellings
Establishments in this category are primarly engaged in acting as lessors of buildings used as residences or dwellings, such as single-family homes, apartment buildings, and town homes. Included in this industry are owner-lessors and establishments renting real estate and then acting as lessors in subleasing it to others. The establishments in this industry may manage the property themselves or have another establishment manage it for them.
Lessors of Nonresidential Buildings (except Miniwarehouses)
Establishments in this category are primarly engaged in acting as lessors of buildings (except miniwarehouses and self-storage units) that are not used as residences or dwellings. Included in this industry are: (1) owner-lessors of nonresidential buildings; (2) establishments renting real estate and then acting as lessors in subleasing it to others; and (3) establishments providing full service office space, whether on a lease or service contract basis. The establishments in this industry may manage the property themselves or have another establishment manage it for them.
Lessors of Other Real Estate Property
Establishments in this category are primarly engaged in acting as lessors of real estate (except buildings), such as manufactured home (i.e., mobile home) sites, vacant lots, and grazing land.
Offices of Real Estate Agents and Brokers
Establishments in this category are primarly engaged in acting as agents and/or brokers in one or more of the following: (1) selling real estate for others; (2) buying real estate for others; and (3) renting real estate for others.
Residential Property Managers
This includes establishments primarily engaged in managing residential real estate for others.
Nonresidential Property Managers
This includes establishments primarily engaged in managing nonresidential real estate for others.
Other Activities Related to Real Estate
Establishments in this category are primarly engaged in performing real estate related services (except lessors of real estate, offices of real estate agents and brokers, real estate property managers, and offices of real estate appraisers).
Illustrative Examples:
Real estate escrow agencies
Real estate listing services
Real estate fiduciaries' offices
Landman services
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