A.    The seller, or the seller's authorized agent, involved in the sale of a commercial building subject to the provisions of this chapter, shall give written notice of the requirements of this chapter to any prospective buyer thereof, and shall make available for inspection by any prospective buyer a copy of the written energy audit required by Section 19.72.030. Prior to the operative date of this chapter, the City shall make available to the public an informational brochure specifying the energy conservation requirements of this chapter. Delivery of this brochure by the seller or the seller's agent to the buyer shall satisfy the notice requirements of this section. Failure to give notice as required by this section shall not excuse or exempt the seller or buyer of commercial property from compliance with the requirements of this chapter.

    B.    Upon the seller's determination of which energy conservation measures required by this chapter must be installed in his or her building, the seller and buyer may negotiate a transfer of responsibility for compliance with this chapter from the seller to the buyer, if at the time of sale, both the seller and the buyer have executed a compliance transfer agreement. The compliance transfer agreement provides that the buyer of a commercial building who has taken on responsibility for compliance with this chapter shall install all energy conservation measures required by this chapter, or meet the maximum required expenditure, and file a certificate of compliance within fifteen months of the date of sale. (Ord. 6176-NS § 11, 1993)