There has been some recent media coverage about the sale
of a property with a leased solar power system that was incorrectly
included as a chattel in the agreement and has ended up in dispute
between the seller and their agent.
It is important to ask a seller if there are any "leased
fixtures" at a property, such as solar panels, and what they
want to happen with them when the property is sold.
The seller's main options are:
- The solar panels are purchased outright by the seller and sold
with the property;
- The lease for the solar panels be assigned to a new owner;
- The lease agreement is terminated, and the panels are removed
from the property and returned to the provider.
