BrokerageIndustry News

Red flags with ‘green’-certified real estate

Inaccurate disclosures can spark litigation
Published on Jul 7, 2011

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by CareyBot

What is "LEEDigation"? According to Chris Cheatham, who coined the term, LEEDigation refers to legal disputes arising from green-building certification.

Leadership in Energy and Environmental Design (LEED) is a certification system developed by the U.S. Green Building Council in 2000 for constructing buildings with a smaller environmental footprint.

What green-building trends mean for you, as a real estate professional: another level of disclosure requirements that can expose you to increased risk and litigation.

The real estate industry is "greening" rapidly, and there are even energy-efficient mortgage programs to aid buyers in financing the purchase of an energy-efficient home. There are

There are also tax credits availa

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