If your solar panel system is financed via an unsecured loan the loan is not tied to your property so you can sell your home and move prior to paying it off.
Transferring solar panels.
Kelly sikkema unsplash decide whether to transfer or buy out your solar lease.
A notice of an independent solar energy producer contract is a title notice in the state of california.
If you have no plans to take the leased panels to your new home this is something that will need to be discussed with the company in order to terminate your lease agreement.
Remember you are still obligated for paying off the remainder of the loan.
Transferring your solar service can be done by following these 3 steps.
When the pv system installed on a home is owned by a third party the third party is required to file this notice on the real property.
Transfer the lease to the new property owner.
Contact the service transfer team directly at email protected or call 1 855 478 6786 ext.
For homeowners currently leasing solar panels contact the company you re leasing from about moving the equipment to your new location.
When selling a home with leased solar panels you must either transfer the lease to your home buyers or purchase the panels from the solar company to conclude the lease early.