Property Management
What is a certificate of occupancy (CO) and when is it relevant?
AA tenant's right to occupy a unit
BA government document certifying that a building meets code requirements and is safe for occupancy✓ Correct
CA landlord's right to collect rent
DAn insurance certification for rental property
Explanation
A Certificate of Occupancy is issued by local government after a building passes inspections, certifying it meets applicable codes and is safe to occupy. Landlords may need a CO before renting new or substantially renovated properties.
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