Legal Question in Construction Law in New York
Builder required to provide C of O?
Bought a home (nearly 2 years ago) built by NYC Builder/Contractor that only had a temporary CO. Is the builder required to obtain/provide a permanent CO?
2 Answers from Attorneys
Re: Builder required to provide C of O?
Well more importantly in the first instance..how did your lender and your title company accept it with only a temporary c/o?
You can buy anything that you want sooo..was there financing? how do you know there's only a temporary now?
More info is needed. Feel free to write back.
Good Luck
RRG
Re: Builder required to provide C of O?
It depends on the language of the purchase agreement.
I have seen circumstances where a sale would occur with a temporary C/O. However, there is usually a provision directing the builder to obtain a permanent C/O after a specific time or condition.
I would speak to the lawyer that handled your purchase.
Mike.
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