Was looking here. HOMEOWNER TIPS: THE DEPARTMENT STRONGLY RECOMMENDS THAT YOU NEGOTIATE A CLOSING BASED ON A FINAL CO, NOT A TCO. If you purchase a co-op, condo or house that has a TCO, you should consult a licensed architect or engineer to determine what work has to be done in order for the building to receive a final CO. ONCE YOU PURCHASE A PROPERTY, YOU, AS THE OWNER, HAVE THE LEGAL OBLIGATION TO MAKE SURE THAT THE BUILDING OBTAINS A FINAL CO...documenting its compliance with the Building Code and the Zoning Resolution. BECAUSE THIS IS YOUR RESPONSIBILITY, YOU SHOULD ASK YOUR ATTORNEY TO OBTAIN A WRITTEN ASSURANCE AND SUFFICIENT ESCROW FROM THE SELLER/DEVELOPER TO THAT THE DEVELOPER ACTUALLY FINISHED ANY OUTSTANDING WORK AND OBTAINS THE FINAL CO IN A TIMELY MANNER. __________________________________________________________ Do you have a "temporary CO", or nothing at all?
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