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Selling a House with Solar Panels is Fraught with Peril

Green Building Law Update

That observed, many residential solar panel ‘leases’ contain language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code. That fixture filing is in most states a lien or encumbrance against the system. Some of the companies engaged in this business (.

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Selling a House with Solar Panels is Not for the Faint of Heart

Green Building Law Update

But commonly, residential solar panel leases provide language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code. It is common that residential solar panel leases provide language similar to, If you sell your home you can transfer this lease and the monthly payments.

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Selling a House with Solar Panels is Not for the Faint of Heart

Green Building Law Update

But commonly, residential solar panel leases provide language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code. It is common that residential solar panel leases provide language similar to, If you sell your home you can transfer this lease and the monthly payments.

Leases 232
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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

Retention can be withheld on residential or commercial projects and on both public and private projects. It can significantly impact the financial standing of contractors, especially when working on projects with a small profit margin. Contractors must weigh whether to use a mechanics lien to protect their payment rights.

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A Cash Flow Guide for Architects

Levelset

If you don’t have enough cash available for your expenses, you may need to look at some short-term financing options. Gray recommends starting with your breakeven rate and then adding 20% to that as your profit margin. Financing activities include stock offerings and long-term debt.

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How a Construction-to-Permanent Loan Impacts Contractors & Lenders

Levelset

When a property owner wants to finance the construction of a new building, they typically have to obtain two loans: one loan for the mortgage on the completed home, and another for the land purchase and construction expenditures. The initial charges for a single-close loan are the same as those for any construction or residential loan.

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How to Start a Roofing Business: 9 Tips to Grow & Thrive

Levelset

It’s an excellent time to consider starting a roofing company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for the roofing industry, which is expected to grow revenues by around 1% annually for the next five years. . Read more: The profit roadmap for contractors.