'Green' Obligations Regarding New Constructions and Their Impact Upon the Real-Estate Market
'Green' Obligations Regarding New Constructions and Their Impact Upon the Real-Estate Market
Author(s): Simona Chirică
Subject(s): Law, Constitution, Jurisprudence
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: Green obligations; real-estate market; energy performance of buildings; energy law;
Summary/Abstract: The fight for reducing green gas emissions and energy dependency requires the application of additional obligations for new constructions. From this perspective, starting from the 31st of December 2020 building permits for new constructions in the private sector shall be issued only if their energy consume is close to zero. Additionally, the recovery level of non-dangerous waste resulting from construction and demolition activities must reach until the 31st of December 2020 a percentage of minimum 70%. These additional obligations will have a direct impact upon the construction price and will certainly influence the realestate market.
Book: Diversity and Interdisciplinarity in Business Law
- Page Range: 299-305
- Page Count: 7
- Publication Year: 2017
- Language: English
- Content File-PDF