Property condition & permits

Davie Homes With Solar Panels: Lease or Owned System?

Quick answer

Before you go under contract, find out whether the solar system is owned outright, owned with a loan, leased, or under a power purchase agreement. Each one transfers differently. Ask the seller for the contract, the payoff or transfer terms, the permit and interconnection approval, and ask title counsel about debtor-name UCC and county real-property searches.

Compare solar ownership economics before assuming the contract

Florida UCC Registry help explains filing and retrieval of security-interest documents. Let title counsel determine which searches and releases are needed.

Davie permit search check system approvals and roof attachments separately. For the ownership decision, compare the actual lease/PPA payment schedule, escalation, production promises, assignment conditions and removal obligations against an owned system’s costs. No generic savings, automatic conveyance or transfer approval is asserted.

Four ways a solar system can be held

Type	Who owns the panels	What to ask
Owned (paid off)	Homeowner	Warranty transfer, permits, inverter age
Owned with loan	Homeowner, with a lien or filing	Payoff at closing? Any UCC filing?
Lease	Solar company	Transfer approval, monthly payment, buyout terms
PPA	Solar company	Rate per kWh, escalator, transfer process

Documents to request

Signed solar contract and any amendments
Town building permit and final inspection
Utility interconnection approval
Panel, inverter and workmanship warranties
Roof work done around the install

Roof and insurance questions

Ask how old the roof was when the panels went on and who pays to remove and reinstall them if the roof is replaced. Tell your insurance agent about the system early, since it can affect coverage.

Related Mora Realty Davie pages

Sources

Florida UCC Registry help — Explains filing and retrieval of security-interest documents
Davie permit search — Check system approvals and roof attachments separately