Due Diligencepurchase agreement.Key Considerations:Letter of IntentKey Considerations:Option to LeaseKey ProvisionsLand LeaseThe PartiesThe PropertyRights of First RefusalRentEasementsExisting EncumbrancesSolar projects and leases can cause significant, unexpected changes in your property taxes under Michigan law. You should talk to your attorney and local assessor before signing anything. The common provisions foundLiability TerminationMiscellaneous ClausesClosing ClausesOver the course of a solar project, the landowner may be asked to sign multiple types of agreements. Most companies begin with a letter of intent, then proceed to an option, and ultimately enter into a lease orSee more on extension.purdue agrisolarclearinghouse
Agrisolar Ownership: A Guide for Farmers, Ranchers, Communities, and
In some states, it is possible for a customer to enter into a Power Purchase Agreement (PPA) with solar developer. The developer will
View Details