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ARTICLE · 13 JANUARY 2016

West Coast Real Estate Update: Jan. 11, 2016

Holland & Knight
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However, starting on Jan. 1, 2016, there will be no statewide energy use disclosure requirement.

United StatesReal Estate and Construction
Douglas Praw
Douglas Praw
Susan Booth
Susan Booth
Stacie Goeddel
Stacie Goeddel
Karl Lott
Karl Lott
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Douglas A. Praw, Susan J. Booth and Karl J. Lott are Partners, and Ashley K. Jason and Paul J. Park are Associates in our Los Angeles office and Stacie Goeddel is a Partner in our San Francisco office.

Hit Pause on Energy Use Disclosure

Pursuant to California Assembly Bill (AB) 1103, the Nonresidential Building Energy Use Disclosure Program required an owner (or an agent authorized to act on behalf of an owner) of a nonresidential building within California to benchmark the building's energy use via the U.S. Environmental Protection Agency (EPA) ENERGY STAR® Portfolio Manager system and to disclose documents regarding the building's energy usage to the following parties:

  • a prospective buyer of the building, no later than 24 hours prior to execution of the sales contract

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