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Most areas need a certification of occupancy for just a building to get bought, units for being rented, or businesses to open, so for owners, getting a CO represents a building’s readiness to fulfill its supposed use and to offer a return within the money invested in its construction.
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Some contracts also involve an occupancy certificate for contractors to obtain closing payment, which we will go over far more underneath.
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Under is The end result: a routinely updated feed of the latest NYC condos to obtain TCOs. It is possible to click on each building for more details.
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Although specifications range based on the building’s use and where it’s located, the process of getting a CO usually includes the following:
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