The central role of the Multi-annual Works Plan, the collective DPE and the energy audit in co-ownership real estate transactions in 2024
Condominium real estate has evolved significantly in recent years, placing energy efficiency at the heart of concerns. In 2024, three key elements will shape co-ownership real estate transactions: the Multi-Annual Works Plan (PPT), the collective Energy Performance Diagnosis (DPE) and the energy audit. These devices are not only regulatory requirements, but also essential tools to ensure the sustainability and value of real estate.
Multi-annual Works Plan (PPT)
The Multi-Annual Works Plan is a strategic document which establishes a program of works to be carried out over a multi-year period within a co-ownership. In 2024, it has become a pillar in the proactive management of condominium buildings, aiming to anticipate renovation, maintenance and improvement needs, particularly in terms of energy efficiency. The PPT offers a long-term vision of the investments necessary to maintain and enhance real estate assets while meeting growing regulatory requirements in terms of energy efficiency.
Since January 1, 2024, the list of documents given to the buyer is gradually integrated into the PPT, or the project if it has not yet been approved by the general meeting and provided for by the construction code and of the home to start the withdrawal period. The work prescribed in the PPT as well as its schedule and, where applicable, those prescribed by the global technical diagnosis (DTG) must be included in the building maintenance log given to the purchaser. As a reminder, the PPT concerns buildings more than 15 years old from the date of receipt of the construction work on the building. Tertiary buildings are excluded from this system.
These provisions come into force according to the following schedule: Since January 1, 2023 for co-ownerships of more than 200 lots, since January 1, 2024 for co-ownerships between 51 and 200 lots and from January 1, 2025 for co-ownerships of at least maximum 50 lots.
Collective Energy Performance Diagnosis (DPE)
The collective Energy Performance Diagnosis (DPE) is an evaluation of the overall energy performance of a condominium building. Unlike the individual DPE, the collective DPE offers an overall vision of the energy efficiency of the entire building, which makes it possible to identify the sources of energy waste and to propose suitable solutions. In 2024, this collective approach has become the standard in many co-ownership real estate transactions, offering a more precise vision of the energy performance of the property and facilitating the implementation of improvement measures.
By December 31, 2026, co-owners whose building permit was submitted before January 1, 2013 must have had a collective DPE carried out. This diagnosis must be renewed or updated every 10 years; except when a diagnosis carried out after July 1, 2021 makes it possible to establish that the building belongs to class A, B or C. This obligation therefore gradually comes into application, according to the following schedule: since January 1, 2024 for co-ownerships of more than 200 lots, from January 1, 2025 for co-ownerships of 51 to 200 lots will be affected, while those of no more than 50 lots will be affected from January 1, 2026.
This collective DPE, like the energy audit elsewhere, includes the technical diagnostic file annexed to the promise of sale. This very theoretical document given the little information that trustees can provide to diagnosticians, particularly in old co-ownerships, includes in particular the indication of the annual quantity of energy consumed or estimated. It also includes the relevant characteristics of the building and a description of its heating, domestic hot water production, cooling and ventilation equipment. It also issues recommendations aimed at improving energy performance, without increasing the quantity of greenhouse gas emissions, accompanied by an evaluation of their cost and effectiveness.
Energetic audience
The energy audit is an in-depth assessment of the energy consumption of a building, its systems and its equipment. In 2024, it will become an essential tool for co-owners wishing to improve their energy performance. The audit identifies energy saving opportunities, optimization solutions for existing installations and technologies to be implemented to reduce energy consumption and greenhouse gas emissions. It also provides valuable recommendations for implementing effective and cost-effective measures.
The energy audit concerns “the sale of buildings or parts of buildings for residential use which include a single dwelling or comprise several dwellings not covered by law no. 65-557 of July 10, 1965 which establishes the rules concerning co-ownership buildings constructed.
This wording being apparently contradictory with regard to houses located within horizontal co-ownerships, the question arises as to whether individual houses classified F and G, subject to the status of co-ownership, must since April 1, 2023 be subject to an energy audit before being put on sale. The response from the housing department (DHUP) is not necessarily obvious. According to her, "unless the co-ownership regulations provide for a specific provision, if the individual houses of a horizontal co-ownership are considered as an independent lot whose walls are the exclusive property of the co-owner, and these are classified F or G under the DPE, they are also subject to the obligation to carry out a regulatory energy audit prior to sale since April 1, 2023.
Implications in real estate transactions
For sellers and buyers, these systems are of capital importance in co-ownership real estate transactions in 2024. The PPT ensures a long-term vision of the management and valuation of real estate assets, while the collective DPE and audit energy performance offer a precise assessment of the energy performance of the property and opportunities for improvement. By relying on these tools, co-owners can guarantee responsible and sustainable management of their real estate portfolio, while offering increased transparency to potential buyers.
To go further, the trustee must include on the agenda of the general meeting of co-owners which follows the establishment of the collective DPE, an energy saving work plan or an energy performance contract; except, however, if the PPT already includes the planning of energy works.
In conclusion, the Multi-Annual Works Plan, the Collective DPE and the Energy Audit play a central role in co-ownership real estate transactions in 2024. By focusing on energy efficiency, sustainability and the long-term value of real estate, these measures contribute to shaping a more responsible and resilient real estate market.
DECORDIER immobilier agencies can help you with your real estate project:
- Thonon +33 (0) 4 50 72 31 95 / e-mail : thonon@decordier-immobilier.com
- Evian +33 (0) 4 50 75 15 15 / e-mail : evian@decordier-immobilier.com
- Grand-Baie : +230 268 2828 / e-mail : contact@decordier-immobilier.mu
www.decordier-immobilier.com