Regulation .05 Disclosure of Covered Building Benchmarking and Performance Standards Information.
Regulation .05 Disclosure of Covered Building Benchmarking and Performance Standards Information.LinkCopy Citation
Before a buyer signs a contract for the purchase of a covered building, the building owner selling the covered building shall:
A.
Disclose to the prospective buyer that the building is subject to requirements under this subtitle;
B.
Transfer the following records to the prospective buyer:
(1)
A copy of the complete benchmarking record from the benchmarking tool;
(2)
Documentation of data verification;
(3)
Documentation of any alternative compliance fee made to the Department; and
(4)
Any other records relevant to maintain compliance under this subtitle; and
C.
Provide to the prospective buyer the following information:
(1)
Baseline performance; and
(2)
Interim and final performance standards.