What are OC and CC in real estate and why are these important |
Real estate is a vast sector brimming with a number of legal compliance that at times may leave first-time homebuyers confused. Among many documents that determine the legality and usability of a property, the Completion Certificate (CC) and the Occupancy Certificate (OC) stand extremely important. These certificates are issued by local municipal or development authorities to buildings that are legally constructed and are safe for living. Letโs take a closer look at these closely.Completion Certificate (CC)A Completion Certificate (CC) is issued after the construction of a building is completed. It must be done lawfully with the approved building plans, rules…