The National Directory of Certified Public Accountants

Ask A CPA - Mortgages & Loans

In The Mortgage Process , What Is The Certificate Of Occupancy ?

The Certificate of Occupancy also referred to as the "CO" is a written authorization given by a municipality that allows a structure (house) to be inhabited. Many municipalities only require a Certificate of Occupancy for new construction or improvements. Some require a Certificate of Occupancy anytime title to the property changes.

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