What is Occupancy Certificate?
An Occupancy Certificate (OC) is a crucial document issued by local authorities, confirming that a building complies with all relevant building codes, safety regulations, and zoning laws. It is typically required before a new building or major renovation project can be legally occupied.
Essentially, the OC verifies that the structure is safe for use and fit for its intended purpose. Without it, you might face legal issues or be unable to register the property, sell it, or even secure certain utilities.
For homeowners and real estate investors, securing an OC is vital for ensuring that a property is officially approved and legally habitable. Always check for an OC when buying or renovating property to avoid future complications.