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COVID-19 Liability for Building Owners

Green Building Law Update

Over time coronavirus pandemic exposure claims may result in a new emergent subset of premises liability case law and in a number of jurisdictions new statutes are already limiting liability, but in most instances it is presumed the longstanding body of premises liability law will control. With Covid-19 spreading across the U.S.

Liability 293
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Buying a LEED Certified Building Is Easy But.

Green Building Law Update

Today when there are more 95,600 LEED Certified projects, with many of them among the most desirable buildings in their respective market, those innovative buildings are regularly being bought and sold. That being the case, then why has the GBCI Change Of Owner Agreement been uploaded into LEED Online only 700 times since February 2015?

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Green Building Data Risk as an Opportunity

Green Building Law Update

And the power utilities protect themselves from liability related to data. kWh, therms or ccf, gallons), cost per month for each energy source for the duration of the Lease, including a limited license to use the Landlord’s data for nonpecuniary purposes. The similar waiver for LEED v2009 is still in effect.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

Property assessed clean energy (PACE) programs, where payments for energy efficiency, water conservation and renewable energy improvements to commercial real estate are made through a building owner’s property tax bill are beginning to hit their stride. There were not similar concerns expressed about commercial loans.

Lien 120
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PACE Bill Due in Baltimore City

Green Building Law Update

The Department of Energy says that there are active commercial (as opposed to residential) PACE programs in at least 9 states and DC and enabling laws enacted or programs in development in another 23 states. Commercial PACE programs are still very new. Maryland is typical.

Baltimore 120
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State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Alabama Economic Development Loan Program: The state has more than 2,300 commercial lending sources with assets of over $61.3 They are: The Renewal Program. The Research Program.

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Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Taxable RIIFC Bonds: RIIFC offers taxable bonds for businesses that want to branch out into a commercial enterprise, including building tourist-travel facilities. Innovation Tax Credit: Rhode Island offers a tax credit to encourage investment in high-growth, high-wage innovation industries. Loan and Bond Guarantees.