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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.

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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.

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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
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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. This can be done through a purchase or lease agreement. To Lease or Sell?

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Demystifying carbon offsets vs direct reductions

BD+C

C above pre-industrial levels, as called for in the Paris Agreement, emissions need to be reduced by 45% by 2030 and reach net zero by 2050. This timeframe for transformation also applies to existing buildings and tenant-lease spaces. Some companies will not make that transformation fast enough. Others may want to accomplish it faster.

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Two Tech Companies Growing In Central Indiana

Business Facilities

PactSafe , a legal-focused technology company, plans to invest $575,000 to lease and equip a new office in Indianapolis. With more than 30 clients in industries including non-profit, healthcare, construction, education, retail and insurance, WDD software serves an array of businesses ranging from Fortune 500 brands to Indiana-based companies.

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Green Building Transactional Due Diligence

Green Building Law Update

We have seen a surprisingly large number of contemplated transfers of LEED certified buildings where the deliverables at closing do not anticipate including the GBCI Change Of Ownership Agreement. Much of the profit associated with green building is often derived from green leases (e.g.,

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