November 6th, 2020
What are the issues with Solar Panels California when selling Palos Verdes Homes?
While residential solar panel installations have increased more than 50% each year since 2012 nationwide, disputes over solar panels california leases have simultaneously increased during the transfer of properties. Ensure your successful closing by considering these helpful tips and considerations for transactions involving solar panel lease agreements:
Pre-open your title with and use the time early in the listing or pre-listing period to be sure you completely understand the terms of the agreement as it applies to the transfer of the lease. It is better to be prepared and informed ahead of time before going into contract with a potential buyer.
Check the Records:
Ensure that any solar agreements have been officially recorded in public records so that it is available to be noted during the title search process. Such an omission can potentially create issues for future buyers.
Know your options:
Address possible scenarios for handling the lease transfer well before the close of escrow (or before the official listing) to further help ensure a smooth process of the sale.
Communication is key:
Ensure that your escrow officer is informed. The more information you can offer, the better it is for a smooth transaction. Make sure you alert your escrow team to your current lease agreement, status of the agreement and requirements from the leaseholder.
Keep your solar panel leaseholder involved:
Many companies have designated specialists available and assigned to assist buyers and sellers through the lease transfer process.
Bottom line, there are solar panel issues when selling a home in Palos Verdes or anywhere else in California. Get informed!
Solar Panels California – Palos Verdes Homes with “solar” in the remarks
28500 Palos Verdes Drive E
Rancho Palos Verdes,
53 Avenida Corona
Rancho Palos Verdes,
Did you find the information here helpful and/or useful? Reviews are important for local search engine rankings. Please take a moment and write a 5 star review here
Click picture below (from your mobile device) to get one of the best if not THE best app I’ve found to search for homes. Check out the “radar” function called “Spot” on lower right part of the app’s screen once you’ve installed it
Download the HomeSnap App here. Snap any home with your smartphone camera using the app and get market data on that home
Over 40 5 Star Reviews
Call Realty Best Palos Verdes Homes, 433 Via Corta, Palos Verdes Estates, CA 90274 (424) 226-2147