Solar land leases are legally binding contracts and conveyances of an estate in real property between a landowner(s) and a solar photovoltaic (PV) development company. Lease terms can be 20 years or longer. Understanding the rights and responsibilities of the parties is key.
ALI can read and understand hundreds or even thousands of documents in a day, and understand every obligation, opportunity, limitation, and risk through the solar development lifecycle.
Typical provisions in agreements between solar photovoltaic (PV) development companies and landowners include:
Rather than spending hours on data entry, ALI automates the most tedious, error-prone and repetitive tasks so your talented staff can utilize their skill set reviewing the data & information ALI reads and locates for you.
Easily locate key information with ALI for your solar land lease portfolio. Quickly access key provisions and data elements including:
The primary benefit of ALI is the assurance of capturing all required provisions. It does not replace an analyst reviewing each provision; however, it does aid the analyst to more quickly identify provisions.
Having gone through a recent acquisition, we were able to find all leases with hard consents in a matter of minutes. ALI™ paid for itself with that single exercise.
ALI™ provided a 67% increase in efficiency for organic lease processing and review.
We had a dramatic improvement in the time to review our contracts. ALI™ is powerful software making it easy for our staff.
ALI is revolutionary… And I don’t use the word revolutionary. Ever.
Contact us for more information.