What IS A Completion Certificate/Statement?

A certificate/ statement issued by the local development authority certifying that all necessary works have been completed and that the property is fit for occupation. In case of private development, such certificate can be given by the builder to individual unit owners at the time of possession. Owners require a completion certificate to claim tax benefits.

Real Estate Glossary by Zricks.com: View

(295)

Leave a Reply

Pin It on Pinterest

%d bloggers like this: