Incorporating Building Energy Performance and Sustainability Into Traditional Environmental Due Diligence: The Advent of Green Building Due Diligence and All Appropriate Disclosure

more+
less-

This article takes a look at recent trends related to climate change and sustainability and their impacts on environmental due diligence. The authors say quantifying a building’s energy and sustainability condition, performance, and potential will become commonplace and now is being incorporated into routine commercial real estate transactions. In addition, they say commercial real estate industry professionals increasingly are becoming knowledgeable and sophisticated in these areas to adequately represent their respective transaction stakeholders. As such, the authors believe commercial property sellers should consider expanding the scope of what they might traditionally consider ‘‘material’’ to the condition of the property to include energy consumption and cost data as well as building sustainability characteristics that could affect such consumption and costs.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: General Business Updates, Construction Updates, Energy & Utilities Updates, Environmental Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Dinsmore & Shohl LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »