Information for Selling Your Commercial Property
All commercial and multifamily buildings 5,000 sq. ft. and larger are subject to Energize Denver rules and requirements. Existing compliance plans for Energize Denver are associated with the building, not the owner. The same is true for any unpaid penalties for non-compliance. This means existing plans and penalties transfer to the new owner.
As you prepare to sell your commercial property, we want to make sure you are aware of disclosure requirements. These requirements protect both you and potential buyers. You'll need to disclose several key pieces of information to prospective buyers, including:
- Current compliance status with benchmarking requirements
- Your building's current Energy Use Intensity (EUI) metric
- Future energy efficiency targets
- Any approved target adjustments or alternate compliance options
- Copies of existing compliance plans, if applicable
To streamline this process, you can request a compliance status letter for your property. This will help you provide all the necessary information to prospective buyers. We will provide the letter within five business days of submitting the request form.
Fill out the compliance status letter request form
After the sale is final, you'll need to transfer your ENERGY STAR Portfolio Manager account to the new owner, if applicable. This ensures continuity of energy tracking and compliance history.
These requirements promote transparency and fair dealings in Denver's commercial real estate market. They also allow for continued progress toward the city's environmental goals. By following these straightforward steps, you'll help create a smooth transition of ownership.
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