Leases Liability Lien 
Green Building Law Update
MAY 21, 2017
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. You understand and agree that this is a lease and not a sale agreement. That fixture filing is in most states a lien or encumbrance against the system.
Green Building Law Update
AUGUST 16, 2020
If solar panels are installed on the property, Buyer is advised to inquire about the terms under which the solar panels were installed, how to transfer the ownership or lease, and any costs associated with the transfer. You understand and agree that this is a lease and not a sale agreement.
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Green Building Law Update
MARCH 18, 2018
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. You understand and agree that this is a lease and not a sale agreement. That fixture filing is in most states a lien or encumbrance against the system.
Green Building Law Update
JUNE 25, 2017
In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.
Construction Law Monitor
JULY 20, 2011
You are in the business of leasing heavy equipment to contractors. There is likely no answer for you under the lien law – unless you filed a notice of lease agreement with the owner within the appropriate time frame. If the job is private and not public, you must also provide a copy of the lease to the contractor.
Green Building Law Update
JANUARY 24, 2016
In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.
Green Building Law Update
SEPTEMBER 11, 2016
In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent to a PACE loan is required.
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