Who creates a punch list and when is it made?

A punch list is typically generated late in the or around the time of final walk-through on a construction project. It may be prepared by the contractor, the homeowner or even a third party inspector. It is aimed at creating a list of any item not according to the contract or design standards. With everything fixed or complete the project is considered complete. The Houseura blog explicates this process very much and provides useful advice on how it can be handled.