Owned vs leased
Owned systems generally transfer with the house. Leases and power purchase agreements must be assumed by the buyer or paid off, which adds paperwork to a sale.
Before signing
- Roof age. Replace an old roof first.
- Expected production for your roof’s orientation and shade.
- Contract transfer terms.
- Current state and federal incentives. Confirm with the provider and a tax pro.
Want help with this? I’m Abdul Raheem, a New Jersey Realtor with Realty of America. Call or text 551-580-4635, or start a quick plan.
General information, not legal, tax or lending advice. Rules change; confirm with your attorney, tax professional or lender.