What is the purpose of obtaining a building permit before construction?

The purpose of obtaining a building permit before construction is to ensure compliance with local codes and regulations. Building permits are essential as they establish that the planned construction project meets all necessary safety, structural, zoning, and health considerations mandated by local authorities. This compliance protects not just the property owner but also the public by ensuring that the construction is safe and up to required standards.

Permits verify that the work adheres to relevant building codes, which are designed to prevent hazards and ensure the longevity and durability of structures. Without this step, there could be significant safety risks or legal ramifications for property owners if their construction does not meet the established guidelines.

The other options do not align with the primary purpose of a building permit. For example, saving costs is a secondary consideration that does not override the need for inspections or compliance checks. A building permit does not inherently speed up the construction process, as it involves a series of approvals that can take time. Lastly, while building permits may indirectly influence potential investors by indicating that a project is legitimate and well-regulated, their main focus is not on attracting investors but rather on ensuring safety and regulatory adherence.