When the Solar Installer Is Out of Business: Cheat Sheet for Real Estate Agents (PDF)

What still stands when the solar company closes, and who you deal with now.

Solar installers close, go bankrupt, or get bought out, and the homeowner is left holding a system with no obvious company to call. When that home goes on the market, the agent is often the first person to find out.

This cheat sheet is for agents who list, sell, or advise on homes with orphaned solar systems. It explains which warranties usually survive and which usually depend on the installer still existing, how to figure out who you deal with now (servicer, provider, or manufacturer), what belongs in the orphaned-system file, and how to respond when a homeowner receives an offer to "cancel your solar contract."

What's inside:

• Which warranties usually survive an installer closing
• Who you deal with now, and how to find them
• The orphaned-system document file
• How to handle "cancel your contract" offers

Written by Christina Mathieson Segura, The Solar Lady of Real Estate™, who teaches this topic in New York State approved CE. Since 2010 she has watched what the solar industry did to real estate transactions, and she works the sector from three sides: real estate, mortgage and solar.

Educational only. Not legal, tax, or financial advice. Provider policies change; verify with the provider or servicer, your broker, and a local real estate attorney before acting.