Land Use & Zoning
In NYC, a Certificate of Occupancy (CO) is required:
AOnly for new commercial construction
BFor new construction or substantial alteration before a property can be legally occupied✓ Correct
COnly when a property is sold
DWhen a tenant signs a lease exceeding one year
Explanation
A Certificate of Occupancy is required for new construction, conversions, and substantial alterations in NYC before a building or space can be legally occupied. It certifies that the premises comply with applicable codes.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
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