What does a "red tag" signify for a property?

A "red tag" is a notification typically used by building and safety officials to signal that a property has been deemed unsafe or uninhabitable. This designation is often the result of serious code violations, safety concerns, or imminent hazards that threaten the health and safety of occupants or the general public. The presence of a red tag means that the property cannot be occupied until the issues are resolved and the property receives clearance from the appropriate authorities.

In this context, other options do not align with the purpose of a red tag. A property under renovation may require permits and inspections but would not be marked with a red tag unless there were severe safety issues. Leasing to new tenants and indicating suitability for occupancy goes against the intention of a red tag, as it is meant to communicate a serious warning rather than a green light for habitation. Therefore, understanding the implications of a red tag is crucial for ensuring safety compliance and protecting public health.