City of Austin ECAD Energy Audit Rules Change

This surprised me a bit b/c the changes weren’t addressed on the austinenergy.com FAQ until today, when they pulled it down. http://screencast.com/t/Ekes1RYN

The amendments to the ECAD Ordinance affect condo sellers quite a bit in that condominiums are no longer exempt from the ordinance. All owners of a condo older than 10 years old will now require an energy audit at the point of sale.

Another fairly poignant rule change has to do with the time period the energy audit is to be provided to the buyer. In the past, the energy audit had to be provided prior to closing. Now, the audit must be provided to the buyer while the buyer has at least 3 days remaining in his/her option period.

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May 31, 2011

Yes Eric, this amendment change certainly has caused a stir of mixed reactions from some individuals I have spoken with since the change. Guess we will have to see how the change actually affects individual condo owners in the future.

June 19, 2011

Sounds like yet another paperwork requirement that the average buyer won’t really care about. In the end all condo owners will pay for this in the future with higher hoa payments.

June 21, 2011

These audits can take time and cost the owner – just another hassle of owning property. The timing of presenting the audit can even cause problems with the sale going ahead!

June 24, 2011

@Carmen –

This won’t affect the HOA fees in any way. It’s the seller’s burden at point of sale, so increases the cost of selling by ~$150.

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