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Updated almost 7 years ago on . Most recent reply

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Dorothy Truitt
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certificate of occupancy

Dorothy Truitt
Posted

i have just bought my condo in atlantic city, I have been renting 5 years. do i need certificate of occupancy  if i been living here.
the building 1927.
it was inspected 2018 by city and cleared. i have all that is needed fire alarm co detector etc. sales is done, and then they ask for one, it was a cash  ( no Bank ) as is sale no realtor .  

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Kurt Kwart
  • Specialist
  • Atlantic City, NJ
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Kurt Kwart
  • Specialist
  • Atlantic City, NJ
Replied
Originally posted by @Paul Stewart:

Do you have to have this done in AC if you are buying a single family home??

 If you are closing cash and no loan you don’t need the CO for closing, if it is empty. 

You will need it for occupancy. So if the tenant is in place (and staying) you need to do for closing anyway. 

The biggest ‘gotcha’ I found is that after 30  days the bed bug expires. So it’s a waste if you don’t have the tenants picked out and moved in the 30 days. What I’ve done in the past is file for the CO with random names and update the names during the inspection process. 

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