What is the Building Energy Efficiency Disclosure Act?

The Building Energy Efficiency Disclosure Act is a regulation that requires building owners to disclose the energy efficiency of their commercial buildings when they are selling or leasing the property. This act is aimed at encouraging building owners to make investments in energy-efficient measures by providing transparent information about the energy performance of their buildings. The act applies to commercial buildings that are larger than 50,000 square feet and requires building owners to obtain an energy efficiency assessment before selling or leasing their property. The assessment must be disclosed to potential tenants or buyers, providing them with valuable information about their building's energy performance and the potential for energy cost savings.

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