Real Estate
Solar Panel Lease Agreement
Arizona
Can the solar panel lease agreement be transferred to a new homeowner if I sell my house?
I recently installed solar panels on my house through a leasing agreement with a solar company. However, I am considering selling my house in the near future and I'm unsure if the lease agreement for the solar panels can be transferred to the new homeowner, or if I would need to terminate the lease before selling. I want to understand my rights and obligations regarding the solar panel lease agreement in the event of selling my home.
1 Attorney answer
Answer
Real Estate
Arizona
Thomas D.
ContractsCounsel verified
In most cases, yes. I would need to review the contract. If the contract is silent on this issue, then by state law it should be assignable. Tom