If it is not in the contract, the contractor has the right to believe they are not responsible for it. 

People have to purposefully navigate to the BP website before they can engage, so it's a slightly higher bar.

I agree with other responses here, and to piggyback on them it seems everyone plans to 'own forever' when they sign a 30 year lease or finance term, and then things change (job, relationship, life events, etc) and folks try to sell the property with 25-28 years left.Banks do not look at power bills when determining DTI, but they will look at a solar loan/lease. 

A property qualifies as Homestead for this exemption if an eligible owner files a Principal Residence Exemption (PRE): https://www.michigan.gov/taxes/0,4676,7-238-43535_43539-210891--,00.html#:~:text=Section%20211.7cc%20and%20211.7,purposes%20up%20to%2018%20mills.Many investors have gotten an ugly surprise when they bought a property that was a primary residence of the seller for the last 20 years.

Technically, it's the responsibility of the lender to cancel the mortgage.However, as private lenders we typically request that the closing agent draft the cancellation document and send it after the closing is completed.The lender can then execute (sign, notarize & have witnessed) the cancellation doc and then return the original to the closing agent for recordation.

Bryce, Thank you for the response.

I cannot do loans in NY in personal names, but I can do Business Purpose loans (DSCR for instance if closing in a business name).

I am also a lender with Upright and am able to get responses when I email them, but it takes a while.

Thanks, everyone, for the responses and support!

I know the founders personally, and the ability to call or e-mail when I have an issue and get a quick, personal response makes it worth every penny.