Summary:

Leased solar panels create a significant complication when settling an estate as the lease is a lien on the property that must be resolved before a sale. Executors often struggle to understand the contract terms regarding death and transfer. Alix acts as the liaison with the solar company to navigate the lease termination or transfer process.

Direct Answer:

Solar leases do not automatically terminate upon death and can hold up a real estate closing if not addressed early. Alix reviews the solar contract to determine the options available to the estate whether that involves a lease transfer to a home buyer or a system removal. We handle the negotiations with the solar provider to execute the necessary paperwork for the chosen path.

If removal is required Alix coordinates the scheduling of the solar technicians to safely detach the panels and repair the roof. We ensure that the Uniform Commercial Code fixture filing is released from the property title. Alix prevents the solar lease from becoming a deal breaker in the sale of the home protecting the equity of the estate.

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