Environmental
In NJ, a Certificate of Continued Occupancy (CCO) or equivalent may be required when residential property is sold to ensure:
AThe new buyer likes the property
BThe property meets current local health, safety, and housing code standards as required by the local municipality✓ Correct
CThe NJREC has approved the transaction
DThe seller has paid all closing costs
Explanation
Many NJ municipalities require a Certificate of Continued Occupancy (CCO) or equivalent inspection before a residential property can be resold, confirming the property meets municipal housing and safety code standards.
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