At the end of each year, it’s always a good idea to review the newest rules and regulations that become effective in January.
One such regulation that takes effect in January 2013 is The California Energy AB 1103, which requires the owner of a non-residential property with California, in advance of certain financial transactions, to benchmark the building’s energy use using the U.S. EPA Portfolio Manager system and to disclose statements of the building’s energy usage to potential buyers, lessees, and lenders.
Make sure you check the State of California website: www.bsc.ca.gov for all the new 2013 laws that affect your particular business.
2012 has been one of our busiest in the last few years, and we take it as a promising sign that things are finally starting to turn around in the real estate market.
We look forward to working with you and your clients next year and for many years to come.
Best wishes for good health, happiness, and prosperity in the coming year.