Learn what this means when you try to sell your home.
Terminate solar panel.
If you are going solar by using a lease or ppa the company put a ucc 1 filing on the equipment.
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They are not a lien over your home.
While you are not obligated on that contract the current owner presumably won t sell to you unless you undertake to pay off the contract.
When you re selling a home with a leased solar panel system on the roof there are options outside of canceling the leasing arrangement.
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You may be able to transfer the lease to the new homeowner buy out the remainder of the lease and have the system removed or purchase the solar panel system at market value and leave it on your roof.
The current owner has no right to ignore that commitment just because he she wants to sell.
This is not a lien on your home but on the solar panels.
If you want to refinance your solar panel system the ucc 1 lien can be removed the system can be refinanced and the lien can be put back on.
You may have one two or all three of these options available depending on the leasing agreement you signed.