I personally think one should not even think of selling or buying a property that does not have an Occupancy Certificate. Occupancy Certificate is a document that certifies that a building has followed the National Building Codes and is suitable for occupancy. Many people question whether a certificate of occupancy for commercial building or residential building is necessary or not and the answer is YES, it is necessary. Without it, one cannot mortgage or sell the property so obtain it as soon as possible. There are more reasons why one should get it so let me tell you some of them here.
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Why is it necessary to get a commercial building certificate of occupancy?
WIthout an OC or Occupancy Certificate you cannot sell or mortgage your house. APart from this you will not be able to:
Apply for water
Apply for sanitation and electricity connection
Your property will somewhat become illegal in the eyes of the government
The buyer cannot use the property to the full extent until he or she obtains the certificate
I hope this answer is occupancy certificate.required for commercial building or not.
From whom to obtain the Occupancy Certificate?One can obtain the Occupancy Certificate from the local Municipal Authority once the building gets ready for occupancy.
So get your certificate of occupancy for commercial building and start flourishing in the market legally.
Read More:What is Occupancy Certificate?
How to get a duplicate Occupancy Certificate?
How to verify Occupancy Certificate in Mumbai?
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Authors Of The Question
Is Occupancy Certificate Required for Commercial Building?
D.M.Mitra
494Views
2 Year
2022-11-18T08:39:39+00:00 2023-09-21T15:56:00+00:00Comment
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