New Law Critical for Non-Residential CRE Owners and Buyers
LOS ANGELES—California’s Energy Disclosure Law AB 1103 officially went into effect in January of this year, and according to Jenny Redlin, principal at Partner Engineering & Science, the law has been stalling CRE transactions due to uninformed owners and buyers. The law focuses on non-residential commercial properties, specifically Assembly, Business, Educational, Assisted Living, Nonambulatory, Mercantile, transient residential properties, like a hotel, storage and parking garage property types. In this exclusive video, Redlin explains all about the new law, including:
- What owners and buyers need to know
- Which properties are affected by the law
- How the new law impacts CRE transactions
For even more detailed information about AB 1103, visit the Partner Engineering and Science blog.
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