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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Within ten (10) business days of a written request from the lessee under a lease or the debtor under a financing agreement with respect to a residential solar energy system, any solar retailer who or that is the lessor or creditor with respect to such lease or financing, or if the lease or financing is held by or has been assigned to a third party, the third-party lessor or creditor, shall provide a written statement to the lessee/debtor of all amounts then or thereafter due and owing under the lease or financing agreement.
(b) In any purchase and sale agreement or other contract for the sale of residential property that has a residential solar energy system that is subject to a lease or unpaid financing, the homeowner selling the property shall disclose to the property purchaser the existence and terms of such lease or financing.
(c) This section shall not preempt, alter, or impair any disclosure requirements required under chapter 20.8 of this title.
Cite this article: FindLaw.com - Rhode Island General Laws Title 5. Businesses and Professions § 5-93-13. Statement of account; disclosure to purchaser of property - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-5-businesses-and-professions/ri-gen-laws-sect-5-93-13/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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