Skip to content

Internet Explorer is no longer supported by this website.

For optimal browsing we recommend using Chrome, Firefox or Safari.

Publications

California Becomes the First State to Require Energy Usage Disclosures by Commercial Property Owners

Summer 2011 - Shopping Center Legal Update

Publications

California Becomes the First State to Require Energy Usage Disclosures by Commercial Property Owners

Summer 2011 - Shopping Center Legal Update

Just as automakers have used “miles-per-gallon” labels for years to advertise fuel efficiency, the real estate industry is now being pushed to use similar labels to become more transparent, energy-conscious and fuel-efficient. 

In 2012,owners and operators of non-residential buildings in California, which are solely owner-occupied, or which contain a total floor area measuring 50,000 sq. ft. or more, must disclose the building’s U.S. Environmental Protection Agency (EPA) Energy Star® Portfolio Manager benchmarking data and ratings for the most recent 12-month period to any prospec-tive buyer, lessee of the entire building or lender that proposes to finance the entire building.  Read more

Authors

Related Services

Related News