Certificate of Occupancy
A document issued by a local building or zoning authority to the owner of premises attesting that the new building in question has been built according to the provisions of building or zoning ordinances.A C.O. usually is issued only if the building is substantially similar to the plans and specifications originally provided by the architect. A C.O. must be presented to a buyer, and the house cannot be sold, or rather, the buyer may legally refuse to complete the sale, if the C.O. is not available. This requirement is usually attached as a rider to the sale contract.
Additionally, in certain areas a C.O. may be required for new apartments to be leased.
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