Property Management
Under South Carolina law, what is the purpose of a 'Certificate of Occupancy' (CO) for a rental property?
ATo certify the tenant's creditworthiness
BTo certify that the property meets building codes and is safe for occupancy✓ Correct
CTo certify the property is properly insured
DTo certify the property manager's license
Explanation
A Certificate of Occupancy (CO) is issued by local building officials certifying that a new or substantially renovated building complies with building codes and is safe for occupancy.
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