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Wednesday
May182011

The Facts...

As of April 2011, over 7,000 commercial buildings are LEED® certified and another 22,000 more are formally registered to pursue certification. In addition, approximately 10,000 residential units are LEED® certified. Demand for LEED® certification continues to rise as the costs of integrating energy efficient technologies into building design and construction decreases and as developers become more familiar with the financial and environmental benefits of certification. And now…FNF’s exclusive LEED® Project Certification Data Report

Currently, there is no established procedure to verify LEED® certification status in a traditional real estate transaction. Misinformation, misunderstanding and even fraudulent representations of LEED® certification are unfortunate realities of the rapidly expanding sustainable building market. FNF’s LEED® Project Certification Data Report is a solution.

Our LEED® Project Certification Data Report provides a due diligence tool for transactions involving LEED® certified buildings by allowing brokers, counsel, lenders, investors, sellers, tenants, appraisers and other stakeholders to obtain data regarding a LEED® project’s certification status.

Our LEED® Project Certification Data Report provides information regarding:  Whether the project has been registered for LEED® certification;  Whether the project has been LEED® certified;  Date of Certification;  LEED® Rating System;  LEED® Version;  LEED® Certification Level;  Certification Challenge, if any, and status

Our LEED® Project Certification Data Report is not an insurance policy. The purpose of the Report is to provide formational services, not to allocate risk. The Company obtains data from the database used by USGBC and GBCI and delivers the data to the Ordering Party for the benefit of the Principal. The Company promises the Principal that the Report accurately reflects the information in the database. If the Company provides information that does not accurately reflect what is in the database, the Company has limited liability and has no obligation to defend the Principal or to pay any attorneys’ fees, costs, or expenses incurred by the Principal. The Company has no other liability and under no circumstances, under any dispute, will the Company’s liability to any Principal exceed $50,000. The Ordering Party must read and agree, on behalf of the Principal, to the terms and conditions of the Report in order for the Company to generate the Report.

Our LEED® Project Certification Data Report will be emailed in PDF format. In most cases, the Report will be delivered within 5-7 business days of the Order. In certain cases where additional information is required, the Company will deliver the Report as soon as possible



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