Selling Your Home. (a) If you sell your Home you can:
Selling Your Home. If you sell your Home, you may choose to cancel or transfer this Agreement to the person buying your Home (the “Home Buyer”). If you choose to transfer, the Home Buyer must accept a subscription agreement with Tesla and will assume all of your rights and obligations under this Agreement.
Selling Your Home. 1. Residents must notify the Manager when their home is listed for sale and whether a sale by owner or realtor listing; if listed with a realtor, the name and contact information for the realtor shall also be provided. Resident will be given a lot application packet for the realtor and a potential buyer to ensure buyers are approved as tenants.
Selling Your Home. If you sell your Home during the Term of this Agreement, then the person buying your Home must sign a transfer agreement assuming all of your rights and obligations under this Agreement. You agree to provide Installer at least twenty (20) days but not more than three (3) months’ prior written notice if you want someone to assume your rights and obligations under this Agreement. In connection with this assumption, you, your approved buyer, and Installer shall execute a written transfer of this Agreement. You will continue to be responsible for any default under this Agreement (whether by you or by your buyer) until both parties (buyer and seller) have signed the transfer agreement. You will be released from your obligations under this Agreement once Installer has a signed transfer agreement with the person buying your Home. If you sell your Home and cannot comply with this Section 13, you will be in default under this Agreement. This Section 13 includes a Home sale by your estate or heirs. This Section 13 is free of any restrictions that would prevent you from freely transferring the Property. In the event of a foreclosure on the Property, your lender has the right (but not the obligation) to do ONE of the following:
a. terminate this Agreement and require Installer to remove the PV System; or
b. require transfer of the Agreement to a subsequent purchaser of the Property. In the event the lender requires transfer of the Agreement to a subsequent purchaser of the Property, then you will not be entitled to the free electricity produced by the PV System, but any subsequent purchaser of the Property will be entitled to the electricity for the remaining Term of the Agreement. Installer will not prohibit the sale, conveyance, or refinancing of the Property. Installer may choose, at their own expense, to file in the real estate records a Fixture Filing that preserves their rights in the PV System. The Fixture Filing is intended only to give notice of its rights relating to the PV System and is not a lien or encumbrance against the Property. Installer shall explain the Fixture Filing to any subsequent purchasers of the Property and any related lenders as requested. Installer shall also accommodate reasonable requests from lenders or title companies to facilitate a purchase, financing or refinancing of the Property. EXCEPT AS SET FORTH IN THIS SECTION, YOU MAY NOT SUBLEASE, ASSIGN, SELL, PLEDGE, OR IN ANY OTHER WAY TRANSFER YOUR INTEREST IN THE PV SYSTEM OR THIS AGR...
Selling Your Home. If a Tenant desires to sell their home, Tenant must comply with RCW 59.20.073. (See Park Rules and Regulations)
Selling Your Home. (a) If you sell your Home, you can:
(i) Transfer this Agreement and the Monthly Payments. If the person buying your Home meets Solar Provider’s credit requirements, and where permitted by the local utility, the person buying your Home can sign a transfer agreement assuming all of your rights and obligations under this Agreement.
(ii) Purchase the System outright in accordance with Section 10.
(iii) Prepay and transfer only use of the System. At any time during the Term, you can (A) pay Solar Provider the total of expected remaining payments (based on estimated future production determined by the Solar Provider during the remainder of the Term and the applicable kWh rate during the Term), discounted at a discount rate of 3%, plus all accrued but unpaid Monthly Payments, taxes, late charges, penalties, interest and all other sums then accrued or due and owing hereunder and (B) have the person buying your Home sign a transfer agreement to assume your rights and non-Monthly Payment obligations under this Agreement. The System stays at your Home, the person buying your Home does not make any Monthly Payments and has only to comply with the non-Monthly Payment portions of this Agreement.
(b) You agree to give Solar Provider at least fifteen (15) days but not more than three (3) months’ prior written notice if you want someone to assume your obligations under this Agreement. In connection with this assumption, you, your approved buyer and Solar Provider shall execute a written transfer of this Agreement. Unless we have released you from your obligations in writing, you are still responsible for performing under this Agreement. If your buyer defaults on the obligations in this Agreement and we have not yet signed the transfer agreement, you will be responsible for their default. We will release you from your obligations under this Agreement in writing once we have a signed transfer agreement with the person buying your Home (provided such person has been approved as a transferee by Solar Provider in writing).
(c) If you sell your Home and can’t comply with any of the options in subsection (a) above, you will be in default under this Agreement. Section 12(a) includes a Home sale by your estate or heirs.
(d) This Agreement is free of any restrictions that would prevent you from freely transferring your Property. Solar Provider will not prohibit the sale, conveyance or refinancing of the Property. In connection with the sale or refinancing of your Home, you may requi...
Selling Your Home. Should Customer decide to sell your home before completely paying off your system, Customer must pre-pay a one-time payment equal to all remaining payments under the Agreement as well as sign a Transfer Agreement to transfer the rights under this Agreement to the new homeowner.
Selling Your Home. What is covered What is not covered Cover I Your liability to the public as the owner of Building What is covered What is not covered
Selling Your Home. (a) If You sell Your Home You can (i) Transfer this PPA and the Monthly Payments to the buyer of Your Home, provided that the person buying Your Home meets SFE’s credit requirements, and then, where permitted by the local utility, the person buying Your Home can sign a transfer agreement assuming all of Your rights and obligations under this PPA or (ii) prepay this PPA and transfer only the use of the System at any time during the Term. You can prepay this PPA in full by paying SFE the expected remaining payments (estimated future production during the rest of the Term multiplied by the average kWh rate during the rest of the Term) at a five percent (5%) discount rate. The person buying Your Home will only need to sign a transfer agreement to assume Your rights and non-Monthly Payment obligations under this PPA. In such case the System must remain at Your Home, and the person buying Your Home does not need to make Monthly Payments and has only to comply with the non-Monthly Payment portions of this PPA.
(b) You agree to give SFE at least fifteen (15) days but not more than three (3) months prior written notice if You want the buyer of Your Home to assume Your PPA obligations. In connection with this assumption, Your approved buyer and SFE shall execute a written transfer of this PPA.
(c) If You sell Your Home and do not or cannot comply with any of the options in subsection (a) above, You will be in default under this PPA. Section 16(a) includes a Home sale by Your estate or Your heirs.
Selling Your Home. You should keep these documents in a safe place, and if you sell your home they should be passed on to your solicitor. In cases where the ownership of the property changes hands during the consultation procedure, it is important that this statutory notice is disclosed to the purchaser. It is reasonable to expect that the new leaseholder has received copies of this documentation from the vendor. It is not necessary for Housing Services on behalf of the London Borough of Lambeth to re-start the consultation process. Yours sincerely,
