Contrary to what most people think, acquiring a permit for the basement is very important. If not done at the right time, the only thing you will accomplish is to create trouble for yourself in the future, as well as a large amount of money that you would have to spend on fine and reconstruction. It will not be wrong to say that acquiring a basement permit to make it legal is a part of the construction just like the physical work.
To upgrade your basement, you either have to renovate it or remodel it. Both sound the same but, both describe different basement improvement projects. Let us look at both of them so that you can decide which one you need.