certificate of occupancy

Beginner 🏠 Real Estate

Definition

Official documentation from local government certifying that a building complies with codes and is safe for habitation. It's essentially a building's permission slip to exist with people inside it.

Example Usage

We can't move in until the inspector issues the certificate of occupancy, even though the house looks finished.

Origin

Emerged with building codes in the early 20th century as urban areas regulated construction safety

Fun Fact

Without a CO, you technically can't legally live in your own house, and your insurance company might refuse to cover it.

Source: International Code Council building standards

Related Terms

Translate This Term

See “certificate of occupancy” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

Try the Translator