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Current as of January 01, 2024 | Updated by Findlaw Staff
Adverse material fact shall mean a fact which (1) significantly affects the desirability or value of the property to a party and is not reasonably ascertainable or known to a party or (2) establishes a reasonable belief that another party will not be able to, or does not intend to, complete that party's obligations under a contract creating an interest in real property.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 76. Real Property § 76-2403. Adverse material fact, defined - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-76-real-property/ne-rev-st-sect-76-2403/
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