OREF 105 – Solar Panel System Addendum

Properties with solar panel systems can add value and energy efficiency—but they can also introduce additional details into a real estate transaction. Solar systems may be owned outright, leased, financed, or subject to a power purchase agreement, and each arrangement can affect how the system is transferred at closing. 

To help address these issues, the Oregon Real Estate Forms Committee created OREF 105 – Solar Panel System Addendum. This form helps buyers and sellers clarify the status of the system, identify any third-party agreements, and establish how the system will be handled as part of the sale. 

If the “Yes” box is checked in the OREF Sale Agreement indicating that a solar panel system is present, this addendum should be attached to the offer. Because the form requires specific system information, it’s a good practice for the buyer’s agent to contact the seller’s agent in advance to gather the necessary details. 

In the video below, we walk through OREF 105 – Solar Panel System Addendum and highlight the key sections agents should understand when a property includes solar panels. 

Download the OREF 105 – Solar Panel System Addendum Handout here! 

Do you have an idea or suggestion for a new form or edits to existing forms? We want to hear from you! Submit your ideas to our Forms Committee here. 

Always check with your principal broker or legal counsel to ensure that you are following any policy requirements of your brokerage. All comments and responses from OREF or its staff, managers, and volunteers are non-legal opinions made for general purposes. Each Forms subscriber must rely solely upon their Principal broker or personal legal counsel for specific advice and instruction. You and your client should independently confirm that the Form(s) you use are legally suitable for the purposes intended and that they are current with respect to all laws and regulations.