Nebraska § 76-878 - Applicability; waiver.
Full text of Nebraska Revised Statutes of Nebraska § 76-878 — Applicability; waiver., with citation guidance and answers to common questions.
§ 76-878. Applicability; waiver.
(a) Sections 76-878 to 76-894 apply to all units subject to sections 76-825 to 76-894, except as provided in subsection (b) of this section or as modified or waived by agreement of purchasers of units in a condominium in which all units are restricted to nonresidential use.
(b) Neither a public-offering statement nor a resale statement need be prepared or delivered in the case of:
(1) a gratuitous or testamentary disposition of a unit;
(2) a disposition pursuant to court order;
(3) a disposition by a government or governmental agency;
(4) a disposition by foreclosure or deed in lieu of foreclosure;
(5) a disposition to a person in the business of selling real estate who intends to offer those units to a purchaser;
(6) a disposition that may be canceled at any time and for any reason by the purchaser without penalty;
(7) a condominium composed of not more than twenty-five units which is not subject to any development rights to add units, and no power is reserved to a declarant to make the condominium part of a larger condominium, group of condominiums, or other real estate; or
(8) any condominium composed of units not intended for residential use.
Frequently Asked Questions About Nebraska § 76-878
What does Revised Statutes of Nebraska § 76-878 cover?
Section 76-878 ("Applicability; waiver.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 76-878?
A common citation format is "Revised Statutes of Nebraska § 76-878" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 76-878 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.