Solar Panels and the Real Estate Transaction (EDU)
Tuesday, February 21, 2023 (1:30 PM - 4:30 PM)
This course by Candy Cooke will cover the rising cost of utilities and new up and coming technology, solar panels are being seen in Texas. Real estate professionals are having to deal with this improvement and how it affects the transaction. The 1? 4 Family Contract has a paragraph that requires disclosure to protect both the buyers and sellers in a transaction when solar panels are present. Students will learn that Paragraph 4 defines what leases may apply. Due to the cost of installation, Solar equipment often causes major issues in a transaction. Every agent should know what information they should have prior to completing the form. Additionally, every agent should be aware of limitations posted by lenders are solar arrays. The course will discuss ways to be able
to assist consumers who have opted into utilizing solar power.