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Nebraska Revised Statutes Chapter 76. Real Property § 76-2724. Equity purchase contract; provisions prohibited

Current as of January 01, 2024 | Updated by Findlaw Staff

A provision in an equity purchase contract between an equity purchaser and a homeowner is void as against public policy if it attempts or purports to:

(1) Waive any of the rights specified in sections 76-2719 to 76-2727 or the right to a jury trial;

(2) Consent to jurisdiction for litigation or choice of law in a state other than Nebraska;

(3) Consent to venue in a county other than the county in which the residence in foreclosure is located; or

(4) Impose any costs or fees greater than the actual costs and fees.

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Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 76. Real Property § 76-2724. Equity purchase contract; provisions prohibited - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-76-real-property/ne-rev-st-sect-76-2724/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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