Path-Q Solar
What documents should I check to confirm whether a home's solar system is owned, leased, or financed?
Answer
Review the purchase invoice, loan or lease/PPA agreement, payoff statement, title or lien records, transfer documents, warranties, permits, utility interconnection records, and recent bills or production reports.
Key points
- Marketing descriptions are not proof of ownership.
- Check whether equipment is collateral or subject to a provider contract.
- Match documents to the equipment on site.
What it depends on
- Seller records
- Provider and lender records
- Title and utility files
Risks and trade-offs
- Missing documents can delay closing.
- Unresolved obligations may transfer or require settlement.
Information you may need
- Complete contract set
- Current payoff or transfer statement
- Title and permit records
Your next step
What to do next
Require documentary proof of status and have title, lender, or legal professionals review unresolved obligations.
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SQ00130