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Re: Bought A Home Without the Certificate of Occupancy
by Anonymous
on May 30, 2007 @01:19
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In my area, it isn't unusual to rent a place without a C of O. Once found, the city will insist on the full inspection and levy a small fine for not obtaining it. More fines will be levied if the building is found to be in major violation. However, if the building is up to code, the fine in my area is so low, many just don't wait for the C of O and prefer to face the small fine rather than lose the income. I image NYC would be a much higher fine!
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