This document summarizes key aspects of using Modelica for building and equipment modeling. Modelica uses an equation-based object-oriented approach that allows easy reuse and modification of preexisting component models. It offers advantages over traditional simulation programs by allowing engineers to directly write equations as they are formulated and encapsulate component models with standardized interfaces. The document provides examples of Modelica models for HVAC components like heat exchangers and cooling coils. It also discusses validation of a Buildings library component models against ASHRAE Standard 140 and challenges associated with Modelica such as proprietary solvers and limited preexisting models.