occupancy certificate


Also found in: Acronyms.

occupancy certificate

See certificate of occupancy.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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The completion or occupancy certificate is issued after a detailed audit of the building to check whether it is constructed in accordance with the approved building plan, has adequate safety measures to deal with emergencies and above all if the building is stable.
As part of a proposed redevelopment agreement, the village would waive $430,000 in permit fees and give the developer $100,000 from the TIF fund when a final occupancy certificate is issued.
Fugitive financier Low Taek Jho has today provided a copy of his mother's occupancy certificate on a three-storey house in Tanjung Bungah Park in Penang, insisting again that the property has existed even before 1Malaysia Development Bhd (1MDB) existed.
Summary: New Delhi [India], Dec 4 (ANI-BusinessWireIndia): In what is being touted as a major win for the conglomerate, The Dynamix Group announced that it has received the Occupancy Certificate (OC) for its flagship luxury residential project - Aldeia de Goa.
The owner's Occupancy Certificate will be revoked if he or she fails to carry out the needed repairs and restorations.
The Municipality notified that owners of properties have to apply for issuing occupancy certificate of property units, and considered mandatory for them to seek this certificate from the Municipality.
The Municipality noted that owners of properties have to apply for issuing occupancy certificate of property units, and considered mandatory for them to seek this certificate from the municipality.
The occupancy certificate, issued by ADM's buildings permits division, is closely related to the preventive property maintenance and is only issued after it has inspected and verifying a property's fitness for human habitation and its compliance with the ADM's maintenance conditions.
These will be denied the occupancy certificate and come under the possibility of being fined, referred to competent authorities, or demolished.
He added " While the tower in which the flat is located had a kachcha access road which opened into a slum cluster, there was no parking facility provided and the tower did not have an occupancy certificate".
Why the officers who had given Occupancy certificate allowed such open cutouts without necessary protection while issuing NOCs?"