Why is Occupancy Certificate an Important Document?

Certificate of Occupancy [OC] is an important document showing that the building has been constructed according to the permissible plans and abiding by the local laws. The local municipal corporation issues this document after ascertaining that all local laws have been complied with. The builder is responsible for getting the occupancy certificate. This is an important document as many financial houses ask for it to provide loans and it is even required at the time of applying for water and sanitation connections.

Why is Occupancy Certificate an Important Document

An OC states that the newly constructed home/apartment complies with all the current building codes and is in a suitable condition for safe occupancy by the residents. It is a very important document to have. [Read more…]