@BobKamman   The RE sales that I've seen w/ solar panels have all been unencumbered.  Remaining Solar note paid off at closing... 

below from a clients solar note. Lender has collateral interest in the property. Terms weren't too bad... 25 yr note: from July 22 Amount financed 25K @ 1.99%... Monthly payment $109...(far less than monthly electric bill in this area.

Assignment and Assumption. This Note may not be assigned by Borrower without the prior written
consent of Lender. If Borrower desires to sell or transfer its ownership of the real property on which the Fixtures
DocuSign Envelope ID: 
Lender:
Application Number:

e “Prospective Transferee”), the Note shall be paid in full at the closing of such
transaction. If, however, Borrower or any Prospective Transferee applies to Lender for consent to a transfer,
Lender may require such information concerning the Prospective Transferee as would normally be required from a
new loan applicant. If Lender does not affirmatively approve the assignment of the Loan to the Prospective
Transferee or if the Prospective Transferee fails to satisfy the terms and conditions of any approved assignment by
the closing of the transaction between Borrower and the Prospective Transferee, Borrower shall pay in full the
actual outstanding principal and interest Loan balance at such closing. The Lender shall be entitled to recover its
reasonable costs and expenses, including administration and attorneys’ fees, in connection with any such
assignment, whether or not it is consummated. Lender may assign or transfer this Note, in whole or in part,
without the prior written consent of Borrower.