CEIP project financing is attached to the property, not the property owner. So, if the property is sold, the new owner assumes responsibility for repayment while also enjoying the benefits provided by the upgrades. CEIP project financing can be repaid at any time.
If a property with CEIP financing is offered for sale, the existence and contents of a Clean Energy Improvement Agreement must be disclosed to prospective buyers, and if the owner engages a realtor, to the realtor. If the property is sold, the property owner must ensure the Clean Energy Improvement Agreement is appended to the contract of sale.