Construction & Real Estate

Building Energy Efficiency Disclosure – Update on requirements for sellers and landlords of large office buildings

Contact: Bronwyn Clarkson, Partner and Jayne Atack, Senior Associate; Carter Newell (Queensland, Australia)

Amendments made to the building energy efficiency disclosure legislation in the middle of last year have changed and clarified the statutory disclosure requirements for sales and leases of affected buildings. Although the changed requirements and operation of the exemptions and exceptions have been in place for a number of months, their impact, in our experience, is still not fully understood and these are requirements which some parties may only encounter on an occasional basis, depending upon their property portfolio, and sale or lease transactions undertaken.

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