Property Management
In New York, a 'certificate of occupancy' (CO) is required before:
AA property can be listed for sale
BA new building or converted space can be legally occupied✓ Correct
CA mortgage can be recorded
DA property can be transferred by deed
Explanation
In New York, a certificate of occupancy (CO) is required by the local building department before a newly constructed building or a converted space (such as a warehouse converted to residential lofts) can be legally occupied. The CO certifies that the construction was completed in compliance with the applicable building code and zoning regulations and is safe for occupancy.
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