CE - Solar Lease Addendum-Key Points to Successful Closing
Contract Law
About this Event
Class held at Goodyear City HallIn this course, we'll review the AAR Solar Lease Addendum, analyze individual solar lease agreements and guidelines for a successful solar lease transaction to keep clients contractually compliant and fully disclosed on both the seller and buyer side of the transaction. You'll get a look at how a solar unit in a residential real estate transaction in Arizona adds a layer of contractual awareness and contingency.
- Review the solar residential contract and lease possibilities so the agent can explain important details to clients
- Analyze the contingency of buyer’s assumption of the solar system lease
- Analysis of the standard of care and agency duties as it pertains to the intricacies of solar in a residential transaction and the establishment of a contingency on the transfer of the obligation
- Discuss the restrictions that solar may or may not impose for financing a residential property and how some restrictions could impact the transaction
- Breakdown the issue of liens on the property and encumbrance on clear title
Instructor
Patrick Ritchie
Patrick Ritchie has spent the past 20 years as a mortgage loan officer and enjoys bringing real-world scenarios into the classroom. He is the author of the book The Credit Road Map, an in-depth look into how the credit world works. Patrick has a Bachelor of Science in Business Administration from the Ohio State University and a Master of Legal Studies from Arizona State University Sandra Day O’Connor College of Law. He is certified by Westlaw in advanced legal research and holds a certification in the Fair Credit Reporting Act.
Organizer
Education(623)931-9294
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Driving Directions
address:190 Litchfield Rd, Goodyear, AZ 85338||info:Goodyear City Hall
190 Litchfield Rd
Goodyear, AZ 85338||heading:35,pitch:2.5
190 Litchfield Rd
Goodyear, AZ 85338||heading:35,pitch:2.5
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