Do You Have to Have a Certificate of Occupancy to Sell a House?

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A certificate of occupancy is required in a wide variety of different situations in the world of real estate. Find out if you have to have a certificate of occupancy to sell a house with help from a managing broker with Windermere Real Estate in this free video clip.

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Hello, Jim Jacobsen, managing broker of Windermere Real Estate in Seattle, Washington. The question comes up today is, is there a requirement to have a certificate of occupancy on the sale of a home and what I did is I called a couple of my lenders to get a clarification from them as to whether there is a need to have or not to have and what I got was this, that on new construction it's pretty much mandatory by all lenders that there is proof of certificate of occupancy, that all the code things have been taken care of, all the permits have been done and it really is ready to be occupied. I can tell you that in the case of resell of multiplexes that have always looked for resale or excuse me, a certificate of occupancy and if there isn't one, I've gone down and gotten them down at the building department in the past. It also could be called for on a massive remodel where they've really literally gutted the house. There may be some lenders that have called for that certificate of occupancy also. We're also finding that in some of the jumbo loans, some of the lenders are really looking to see that there is a certificate of occupancy but that's a rarity and in my 38 year career, I've only had to deal with new construction in providing certificate of occupancies.

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