Effective January 1, 2011, in accordance with Nevada Revised Statute ("NRS") 113.115, a seller of residential real property in Nevada must now prepare an energy consumption evaluation for the property before closing the transaction; unless it is waived by the buyer and seller, or meets one of the other exclusions.
What is an energy consumption evaluation and what does it entail? Essentially, the completion of the Energy Consumption Evaluation Form satisfies the regulation. Click on the Energy Consumption Evaluation Form to enlarge…
The rules for the form include:
- The form must be completed by the seller of the residential property or by a certified inspector.
- The person who completes the form shall sign the form and attest that the contents of the form are true and accurate to the best of the person’s knowledge.
- The evaluation of the energy consumption of residential property required by NRS 113.115 must be completed on the most recent version of the form. The form must not be modified, altered or amended in any manner except by or with the approval of the Commissioner.
To see the entire set of regulations regarding this new form, see the Nevada Energy Commissioner’s page on this topic.
Additionally, the Nevada Association of REALTORS has created a help guide called: How To Complete The Seller’s Energy Consumption Evaluation Form.
[Update: January 21, 2011] Nevada’s Real Estate Division has made some minor changes to the newly released “Seller’s Energy Consumption Evaluation Form” including a separate waiver form, "Seller’s Energy Consumption Evaluation Waiver".