Text to be removed highlighted in red.
1 New Section; Interests in Realty; Solar Photovoltaic Systems. Amend RSA 477 by inserting after section 22-a the following new section:
477:22-b Solar Photovoltaic Systems; Enforcement of Restrictions; Homeowners' Associations.
I. Any covenant, condition, or restriction contained in any deed, contract, mortgage, security instrument, or other instrument pertaining to a conveyance, sale, or transfer of real property or interest therein which prohibits or unreasonably limits the installation or use of a solar photovoltaic system by an owner on the real property controlled by such owner, and not in any shared or common area, shall be void and unenforceable.
II. A covenant, condition, or restriction shall be considered unreasonable for the purposes of this section if it significantly increases the cost and expense of the solar photovoltaic system to its owner or user, or significantly decreases its efficiency, or otherwise effectively discourages the installation or use of a solar photovoltaic system.
III. This section shall apply to the installation and use of a solar photovoltaic system by an owner in a homeowners' association on and after the effective date of this section.
2 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 New Section; Interests in Realty; Solar Photovoltaic Systems. Amend RSA 477 by inserting after section 22-a the following new section:
477:22-b Solar Photovoltaic Systems; Enforcement of Restrictions; Homeowners' Associations.
I. Any covenant, condition, or restriction contained in any deed, contract, mortgage, security instrument, or other instrument pertaining to a conveyance, sale, or transfer of real property or interest therein which prohibits or unreasonably limits the installation or use of a solar photovoltaic system by an owner on the real property controlled by such owner, and not in any shared or common area, shall be void and unenforceable.
II. A covenant, condition, or restriction shall be considered unreasonable for the purposes of this section if it significantly increases the cost and expense of the solar photovoltaic system to its owner or user, or significantly decreases its efficiency, or otherwise effectively discourages the installation or use of a solar photovoltaic system.
III. This section shall apply to the installation and use of a solar photovoltaic system by an owner in a homeowners' association on and after the effective date of this section.
2 Effective Date. This act shall take effect 60 days after its passage.