Solar Lease Review

Solar development and renewable energy are growing trends and deciding whether to lease your land to a solar company for renewable energy production can be a difficult decision. Beyond the amount of rent it can generate, there are many factors to consider such as the tax implications, the impact on the land, the term of the lease, and the placement of the array. Not to mention the often technical and legal terms and language of the lease. Our lawyers can advise you on your agreement and help you to negotiate with the solar company to achieve terms that meet your needs.

New York State Real Property Tax Law Section 487. Solar or Wind Energy Systems Exemption

List of towns and school districts that have opted out of the exemption.

https://www.tax.ny.gov/research/property/legal/localop/487opt.htm