OC
Occupancy Certificate
A certificate indicating that a completed building may be occupied subject to applicable approvals and regulations.
Detailed Explanation
Occupancy Certificate, commonly abbreviated as OC, is a document issued by the competent authority indicating that a building or specified part of a building is considered suitable for occupation subject to applicable regulations.
In Plain Terms
Think of the OC as an important document showing that the completed building has received approval for occupation under the applicable rules.
OC is an acronym and not a measurement or convertible value.
Related Terms
This definition is provided for general informational purposes only and is not legal, financial or tax advice. Property rules and authority policies can change — verify current requirements with the relevant authority or a qualified professional.