Remove Commercial Remove Leases Remove Liability Remove Lien
article thumbnail

Selling a House with Solar Panels is Fraught with Peril

Green Building Law Update

If solar panels are installed on the property, Buyer is advised to inquire about the terms under which the solar panels were installed, how to transfer the ownership or lease, and any costs associated with the transfer. You understand and agree that this is a lease and not a sale agreement.

Housing 207
article thumbnail

Selling a House with Solar Panels is Not for the Faint of Heart

Green Building Law Update

But commonly, residential solar panel leases provide language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code. You understand and agree that this is a lease and not a sale agreement. The Company owns the solar panel system for all purposes.

Leases 232
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selling a House with Solar Panels is Not for the Faint of Heart

Green Building Law Update

But commonly, residential solar panel leases provide language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code. You understand and agree that this is a lease and not a sale agreement. The Company owns the solar panel system for all purposes.

Leases 179
article thumbnail

PACE Bill Due in Baltimore City

Green Building Law Update

The Department of Energy says that there are active commercial (as opposed to residential) PACE programs in at least 9 states and DC and enabling laws enacted or programs in development in another 23 states. Commercial PACE programs are still very new.

Baltimore 120
article thumbnail

constructionattorneyblog: Risks in LEED design

Construction Lawyer

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. Sabo & Zahn LLC is an Illinois Limited Liability Company. These penalties should correspond with the leases. mechanics liens. Copyright Notice.

Risk 40
article thumbnail

PACE Programs are Stepping Up the Pace

Green Building Law Update

Property assessed clean energy (PACE) programs, where payments for energy efficiency, water conservation and renewable energy improvements to commercial real estate are made through a building owner’s property tax bill are beginning to hit their stride. There were not similar concerns expressed about commercial loans.

Lien 120
article thumbnail

PACE in Maryland is Not Keeping Pace

Green Building Law Update

PACE state enabling statutes generally authorize local governments to engage private sector lenders to provide upfront low interest financing to commercial property owners for energy efficiency, water conservation and renewable energy projects (e.g., million existing commercial buildings in the U.S. So, what is wrong?

Maryland 136