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#1887226 - 01/15/14 09:31 PM AB1103
Comply Ofcr Offline
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Joined: Jun 2013
Posts: 22
Has anyone done research on California AB1103 (Energy Disclosure Requirements)that went into effect January 1, 2014? It states that a building owner shall disclose the Data Verification Checklist for the builing to a prospective lender financing the entire building, no later than submittal of the loan application. I haven't been able to find to much information on this.

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#1887408 - 01/16/14 03:22 PM Re: AB1103 Comply Ofcr
Al Miller Offline
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Al Miller
Joined: Oct 2000
Posts: 2,416
Pleasanton CA USA
I'm not having luck finding this. Do you know in which legislative session it was introduced? Are you sure it was finalized?

Al
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Al Miller, CRCM
Opinions expressed are my own and not necessarily shared by my employer.

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#1889302 - 01/22/14 10:31 PM Re: AB1103 Comply Ofcr
Comply Ofcr Offline
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Joined: Jun 2013
Posts: 22
Yes - I found some information on www.ab1103.com

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#1889474 - 01/23/14 04:20 PM Re: AB1103 Comply Ofcr
Al Miller Offline
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Al Miller
Joined: Oct 2000
Posts: 2,416
Pleasanton CA USA
Thanks, found it.

I see no requirement that a lender MUST require the disclosure or that there is any penalty for failure to provide the disclosure.

Al
_________________________
Al Miller, CRCM
Opinions expressed are my own and not necessarily shared by my employer.

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#1889753 - 01/23/14 09:33 PM Re: AB1103 Comply Ofcr
Comply Ofcr Offline
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Joined: Jun 2013
Posts: 22
Okay thanks. We agree.

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