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| Dec 20th, 2010 |
NVAR statement on outcome of energy audit issue
For Immediate Release:
The Nevada Association of REALTORS® (NVAR) issued the following statement today about new energy evaluation regulations set to take effect next month in Nevada:
“On Dec. 16, 2010, new regulations were passed regarding a home seller’s energy evaluation. These regulations go into effect Jan. 1, 2011. There is a lot of false information circulating regarding these regulations,” said NVAR President Linda Rheinberger, broker and owner of One Source Realty and Management in Las Vegas. “It’s important to note that these statutes and regulations DO NOT require a home energy audit.
“NVAR has been protecting its members by fighting a move by energy auditors to mandate home energy audits at the point of sale. NVAR recognizes that point of sale requirements delay the closing of transactions and, if tied to an expense, may prohibit a buyer’s ability to purchase a home. In this market, buyers and sellers do not need more obstacles to the buying and selling of homes.
“NVAR has succeeded in limiting this point of sale effort so that a seller is only required to disclose the energy consumption of the home on a form created by the Nevada Office of Energy. Further, THIS FORM CAN BE WAIVED if the seller and buyer both agree.”
“On Dec. 16, 2010, new regulations were passed regarding a home seller’s energy evaluation. These regulations go into effect Jan. 1, 2011. There is a lot of false information circulating regarding these regulations,” said NVAR President Linda Rheinberger, broker and owner of One Source Realty and Management in Las Vegas. “It’s important to note that these statutes and regulations DO NOT require a home energy audit.
“NVAR has been protecting its members by fighting a move by energy auditors to mandate home energy audits at the point of sale. NVAR recognizes that point of sale requirements delay the closing of transactions and, if tied to an expense, may prohibit a buyer’s ability to purchase a home. In this market, buyers and sellers do not need more obstacles to the buying and selling of homes.
“NVAR has succeeded in limiting this point of sale effort so that a seller is only required to disclose the energy consumption of the home on a form created by the Nevada Office of Energy. Further, THIS FORM CAN BE WAIVED if the seller and buyer both agree.”
About the Company:
The Nevada Association of REALTORS® is a professional trade association with nearly 15,000 members. NVAR is committed to protecting, promoting and preserving our communities. Visit www.NVAR.org.
Nevada Association of REALTORS
(775) 829-5526
(775) 829-5526