Glossary · People and paperwork
In short
Regulations setting minimum standards for construction, alteration, and maintenance of buildings in a specific jurisdiction. You care because non-compliance can lead to fines, forced renovations, or even business closure.
During due diligence, especially if acquiring real estate or significant leasehold improvements, verify the property's compliance with local building codes. An inspection can reveal violations that might require costly remediation or prevent you from obtaining necessary permits for future expansion. Ensure the seller provides any relevant permits or inspection reports.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Know what you'll need before you apply
Tell us about the deal and who's buying — we'll flag the guaranty, eligibility, and paperwork issues that slow SBA approval before they cost you time.
Free · No documents · Usually same-day