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No Certificate if Occupancy

We’re in the contract process now and the seller has stated that there is no certificate occupancy but also states that this isn’t a problem. The house is very old (from the 1800s), in NY, and has had work done on it. Is this a problem?

I really don’t understand what the CO is for. Is this a regional thing where some areas need them and some don’t? Will it be hard for me to sell the home without it? Will I be unable to get a loan? Will the city come in and say certain upgrades need to be taken down?

We love the house and really want it. We plan to live in it for decades.

submitted by /u/GizzyIzzy2021
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source https://www.reddit.com/r/RealEstate/comments/175adxi/no_certificate_if_occupancy/
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