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Blockchain has come to Real Estate

Green Building Law Update

Real estate is a highly regulated industry and real estate transactions must be recorded in a government ledger to be recognized and enforceable by all. It may well be commercial leasing will elevate blockchain in the marketplace ahead of deeds because leasing transactions do not require involvement of a government registrar.

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Green Building Data Risk as an Opportunity

Green Building Law Update

The European Union has gone in another direction with the 2016 General Data Protection Regulation , applicable as of May 2018, updating and modernizing the principles enshrined in the 1995 Data Protection Directive which guarantee individual privacy rights in one’s personal data including “the right to be forgotten.”

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Your ENERGY STAR Score is About to Fall Precipitously

Green Building Law Update

The change is significant for buildings pursuing LEED or Green Globes certification, for buildings with GSA or other government space leases tied to an ENERGY STAR score of 75, for buildings in cities with mandatory benchmarking, and for the more than 450,000 commercial properties that have an ENERGY STAR score. You have 75 days to act.

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PACE in Maryland is Not Keeping Pace

Green Building Law Update

However, as I wrote in this blog on July 24, 2016, HUD Jumpstarted Financing For Homes , reversing their previous position and now widely allowing residential PACE loans on top of FHA and VA loans (but still not on top of Fannie Mae and Freddie Mac loans).

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PACE Programs are Stepping Up the Pace

Green Building Law Update

The Montgomery County program, hoping to close it first transaction in first quarter 2016, is among the most progressive in the nation when it makes easy for all lenders (including those brought to the table by borrowers) to participate and is not charging administrative fees (above that charged by the contracted program administrator).

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2018 IgCC is Not in Use Anywhere. A Detailed Analysis of Why?

Green Building Law Update

which for the first time requires “for individual leased, rented, or other tenant or subtenant space within any building totaling in excess of 50,000 ft2 (5000 m2), separate submeters shall be provided.”. There are some modest changes and some that are idiosyncratic like sec 601.3.2.1.j, Sec 901.4.1.4.

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2018 IgCC – A Fast Paced Deep Dive

Green Building Law Update

which for the first time requires “for individual leased, rented, or other tenant or subtenant space within any building totaling in excess of 50,000 ft2 (5000 m2), separate submeters shall be provided.”. There are some modest changes and some that are idiosyncratic like sec 601.3.2.1.j, Sec 901.4.1.4.

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