reglab/housing_qa huggingface dataset:
NE Code § 76-2724 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2724 - Equity purchase contract; provisions prohibited.

76-2724.  Equity purchase contract; provisions prohibited.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.Source Laws 2008, LB123, § 24.
NE Code § 76-2725 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2725 - Equity purchaser; duties; prohibited acts.

76-2725.  Equity purchaser; duties; prohibited acts.(1) The equity purchase contract provisions required by sections 76-2719 to 76-2724 shall be provided and completed in conformity with such sections by the equity purchaser.(2) Until the time within which the homeowner may cancel the transaction has fully elapsed, the equity purchaser shall not do any of the following:(a) Accept from a homeowner an execution of, or induce a homeowner to execute, an instrument of conveyance of any interest in the residence in foreclosure;(b) Record with the register of deeds any document, including, but not limited to, the equity purchase contract, or any lease, lien, or instrument of conveyance that has been signed by the homeowner;(c) Transfer or encumber or purport to transfer or encumber an interest in the residence in foreclosure to a third party; or(d) Pay the homeowner any consideration.(3) Within ten days following receipt of a notice of cancellation given in accordance with sections 76-2721 and 76-2722, the equity purchaser shall return without condition the original equity purchase contract and any other documents signed by the homeowner.(4) An equity purchaser shall not make any untrue or misleading statements of material fact regarding the value of the residence in foreclosure, the amount of proceeds the homeowner will receive after a foreclosure sale, any equity purchase contract term, the homeowner's rights or obligations incident to or arising out of the sale transaction, or the nature of any document that the equity purchaser induces the homeowner to sign or any other untrue or misleading statement concerning the sale of the residence in foreclosure to the equity purchaser.Source Laws 2008, LB123, § 25.
NE Code § 76-2726 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2726 - Equity purchaser or associate; unconscionable transaction or contract; review by court.

76-2726.  Equity purchaser or associate; unconscionable transaction or contract; review by court.(1) An equity purchaser or associate may not facilitate or engage in any transaction that is unconscionable given the terms and circumstances of the transaction.(2)(a) If a court, as a matter of law, finds an equity purchase contract or any clause of such contract to have been unconscionable at the time it was made, the court may refuse to enforce the equity purchase contract, enforce the remainder of the equity purchase contract without the unconscionable clause, or so limit the application of any unconscionable clause as to avoid an unconscionable result.(b) When it is claimed or appears to the court that the contract or any clause thereof may be unconscionable, the parties shall be afforded a reasonable opportunity to present evidence as to its commercial setting, purpose, and effect to aid the court in making the determination.(c) In order to support a finding of unconscionability, there must be evidence of some bad faith overreaching on the part of the equity purchaser or associate such as that which results from an unreasonable inequality of bargaining power or under other circumstances in which there is an absence of meaningful choice for one of the parties, together with contract terms that are, under standard industry practices, unreasonably favorable to the equity purchaser or associate.Source Laws 2008, LB123, § 26.
NE Code § 76-2727 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2727 - Equity purchase contract and related documents and instruments; English required; translation into other language.

76-2727.  Equity purchase contract and related documents and instruments; English required; translation into other language.Any equity purchase contract, rental agreement, lease, or option or right to repurchase and any notice, conveyance, lien, encumbrance, consent, or other document or instrument signed by a homeowner shall be written in English and shall be accompanied by a written translation from English into any other language principally spoken by the homeowner, certified by the person making the translation as a true and correct translation of the English version. The translated version shall be presumed to have equal status and credibility as the English version.Source Laws 2008, LB123, § 27.
NE Code § 76-2728 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2728 - Violation; penalty.

76-2728.  Violation; penalty.A person who violates any provision of the Nebraska Foreclosure Protection Act is guilty of a Class IV felony.Source Laws 2008, LB123, § 28.
NE Code § 76-2801 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2801 - Act, how cited.

76-2801.  Act, how cited.Sections 76-2801 to 76-2807 shall be known and may be cited as the Nebraska Security Instrument Satisfaction Act.Source Laws 2008, LB386, § 1.
NE Code § 76-2804 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2804 - Closing agent; certificate of satisfaction; execution and recordation authorized.

76-2804.  Closing agent; certificate of satisfaction; execution and recordation authorized.A closing agent may, on behalf of a landowner or purchaser, execute a certificate of satisfaction that complies with the requirements of the Nebraska Security Instrument Satisfaction Act and record the certificate of satisfaction in the real property records of each county in which the security instrument is recorded, if a deed of reconveyance or release or satisfaction of the security interest has not been executed and recorded within sixty days after the date (1) the secured creditor has received full payment or performance of the secured obligation in accordance with a payoff statement furnished by the secured creditor and, if applicable, notification pursuant to subsection (1) of section 76-2803 has been performed and (2) the closing agent has notified the secured creditor in accordance with section 76-2806.Source Laws 2008, LB386, § 4.
NE Code § 76-2807 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2807 - Certificate of satisfaction; recording; effect; wrongful recording; remedy; liability; designation of authority; recording.

76-2807.  Certificate of satisfaction; recording; effect; wrongful recording; remedy; liability; designation of authority; recording.(1) A certificate of satisfaction complying with the Nebraska Security Instrument Satisfaction Act is evidence of the facts contained in it, shall be accepted for recording in the county in which the security instrument is recorded, and, upon recording, operates as a satisfaction of the security interest described in the certificate of satisfaction. If a security instrument is recorded in more than one county and a certificate of satisfaction is recorded in one of them, a certified copy of the certificate of satisfaction may be recorded in another county with the same effect as the original.(2)(a) Except as otherwise provided in subdivision (b) of this subsection, in addition to any other remedy provided by law, a closing agent wrongfully or erroneously recording a certificate of satisfaction under this section shall be liable to the secured creditor for actual damages caused by the recording of the certificate of satisfaction and reasonable attorney's fees and costs.(b) A closing agent that records a certificate of satisfaction of a security instrument wrongfully or erroneously is not liable if the closing agent complied in good faith with the act.(c) If a certificate of satisfaction is executed and recorded by a title insurance agent pursuant to a designation of authority, the title insurer making such designation shall be liable to a secured creditor for the wrongful or erroneous recording of the certificate of satisfaction by such designee, to the same extent as provided under subdivisions (a) and (b) of this subsection.(d) A single designation of authority may be recorded in the office of the register of deeds in any county in which a certificate of satisfaction may be recorded. The register of deeds shall record such designation of authority upon payment of the required fees. When the designation of authority is recorded, the register of deeds shall index such instrument under the name of the title insurance agent designated in the instrument in the manner provided for miscellaneous instruments relating to real estate. A separate designation of authority shall not be necessary for each certificate of satisfaction. Such authority shall continue until a revocation of the designation of authority is recorded in the county where the designation of authority was recorded.(3) The recording of a certificate of satisfaction does not itself extinguish the liability of any person liable for payment of the underlying obligation.Source Laws 2008, LB386, § 7.
NE Code § 76-2901 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-2901 - Manufactured home or mobile home; deemed real property.

76-2901.  Manufactured home or mobile home; deemed real property.For purposes of a bankruptcy plan under 11 U.S.C. chapter 13, a manufactured home or a mobile home shall be deemed real property under subdivision (b)(2) of 11 U.S.C. 1322, as such section existed on July 18, 2008.Source Laws 2008, LB953, § 1.
NE Code § 76-3001 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3001 - Terms, defined.

76-3001.  Terms, defined.For purposes of sections 76-3001 to 76-3004:(1) Decommissioning security means a security instrument that is posted or given by a wind developer to a municipality or other governmental entity to ensure sufficient funding is available for removal of a wind energy conversion system and reclamation at the end of the useful life of such a system; and(2) Wind agreement means a right, whether or not stated in the form of a restriction, easement, covenant, or condition, in any deed, wind easement, wind option, or lease or lease option securing land for the study or production of wind-generated energy or any other instrument executed by or on behalf of any owner of land or air space for the purpose of allowing another party to study the potential for, or to develop, a wind energy conversion system as defined in section 66-909.02 on the land or in the air space.Source  Laws 2009, LB568, § 1;  Laws 2011, LB208, § 5;  Laws 2012, LB828, § 16.
NE Code § 76-3002 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3002 - Wind agreement; limit on term; termination, when.

76-3002.  Wind agreement; limit on term; termination, when.A wind agreement shall run with the land benefited and burdened and shall terminate upon the conditions stated in the wind agreement, except that the initial term of a wind agreement shall not exceed forty years. A wind agreement shall terminate if development of a wind energy conversion system as defined in section 66-909.02 has not commenced within ten years after the effective date of the wind agreement, except that this period may be extended by mutual agreement of the parties to the wind agreement.Source Laws 2009, LB568, § 2.
NE Code § 76-3003 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3003 - Wind agreement; compliance with other law.

76-3003.  Wind agreement; compliance with other law.A wind agreement shall comply with section 66-911.01.Source Laws 2009, LB568, § 3.
NE Code § 76-3004 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3004 - Interest in wind or solar resource; restriction on severance from surface estate.

76-3004.  Interest in wind or solar resource; restriction on severance from surface estate.No interest in any wind or solar resource located on a tract of land and associated with the production or potential production of wind or solar energy on the tract of land may be severed from the surface estate.Source  Laws 2009, LB568, § 4;  Laws 2012, LB828, § 17.
NE Code § 76-3101 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3101 - Act, how cited.

76-3101.  Act, how cited.Sections 76-3101 to 76-3112 shall be known and may be cited as the Private Transfer Fee Obligation Act.Source Laws 2011, LB26, § 1.
NE Code § 76-3102 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3102 - Legislative findings and declarations.

76-3102.  Legislative findings and declarations.The Legislature finds and declares that the public policy of this state favors the marketability of real property and the transferability of interests in real property free of title defects or unreasonable restraints on alienation. The Legislature further finds and declares that private transfer fee obligations violate this public policy by impairing the marketability and transferability of real property and by constituting an unreasonable restraint on alienation regardless of the duration of the obligation to pay a private transfer fee, the amount of a private transfer fee, or the method by which any private transfer fee is created or imposed. The Legislature finds and declares that a private transfer fee obligation should not run with the title to property or otherwise bind subsequent owners of property under any common-law or equitable principle.Source Laws 2011, LB26, § 2.
NE Code § 76-3103 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3103 - Definitions, where found.

76-3103.  Definitions, where found.For purposes of the Private Transfer Fee Obligation Act, the definitions in sections 76-3104 to 76-3108 shall be used.Source Laws 2011, LB26, § 3.
NE Code § 76-3104 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3104 - Environmental covenant, defined.

76-3104.  Environmental covenant, defined.Environmental covenant means a servitude that imposes activity and use limitations on real property and meets the requirements of section 76-2604.Source Laws 2011, LB26, § 4.
NE Code § 76-3105 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3105 - Payee, defined.

76-3105.  Payee, defined.Payee means the person who claims the right to receive or collect a private transfer fee payable under a private transfer fee obligation, whether or not the person has a pecuniary interest in the private transfer fee obligation.Source Laws 2011, LB26, § 5.
NE Code § 76-3107 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3107 - Private transfer fee obligation, defined.

76-3107.  Private transfer fee obligation, defined.Private transfer fee obligation means an obligation arising under a declaration or covenant recorded against the title to real property, or under any other contractual agreement or promise, whether or not recorded, that requires or purports to require the payment of a private transfer fee upon a subsequent transfer of an interest in the real property.Source Laws 2011, LB26, § 7.
NE Code § 76-3108 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3108 - Transfer, defined.

76-3108.  Transfer, defined.Transfer means sale, gift, conveyance, assignment, inheritance, or other transfer of an ownership interest in real property located in this state.Source Laws 2011, LB26, § 8.
NE Code § 76-3109 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3109 - Private transfer fee obligation; how treated.

76-3109.  Private transfer fee obligation; how treated.A private transfer fee obligation recorded or entered into in this state on or after March 11, 2011, does not run with the title to real property and is not binding on or enforceable at law or in equity against any subsequent owner, purchaser, mortgagee, or trustee of any interest in real property as an equitable servitude or otherwise. Any private transfer fee obligation that is recorded or entered into in this state on or after March 11, 2011, is void and unenforceable. This section shall not be construed to mean that a private transfer fee obligation recorded or entered into in this state before March 11, 2011, is presumed valid and enforceable.Source Laws 2011, LB26, § 9.
NE Code § 76-3110 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3110 - Recordation of or agreement imposing a private transfer fee obligation; liability.

76-3110.  Recordation of or agreement imposing a private transfer fee obligation; liability.Any person who records or enters into an agreement imposing a private transfer fee obligation in his or her favor after March 11, 2011, shall be liable for (1) any and all damages resulting from the imposition of the private transfer fee obligation on the transfer of an interest in the real property, including the amount of any transfer fee paid by a party to the transfer, and (2) all attorney's fees, expenses, and costs incurred by a party to the transfer or mortgagee of the real property to recover any private transfer fee paid or in connection with an action to quiet title. If an agent acts on behalf of a principal to record or secure a private transfer fee obligation, liability shall be assessed to the principal rather than the agent.Source Laws 2011, LB26, § 10.
NE Code § 76-3111 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3111 - Contract for sale of real property subject to private transfer fee obligation; requirements; failure to disclose; rights of buyer.

76-3111.  Contract for sale of real property subject to private transfer fee obligation; requirements; failure to disclose; rights of buyer.(1) Any contract for the sale of real property subject to a private transfer fee obligation shall include a provision disclosing the existence of that obligation, a description of the obligation, and a statement that private transfer fee obligations are subject to certain prohibitions under the Private Transfer Fee Obligation Act. A contract for sale of real property which does not conform to the requirements of this section shall not be enforceable by the seller against the buyer, nor shall the buyer be liable to the seller for damages under such a contract, and the buyer under such a contract shall be entitled to the return of all deposits made in connection with the sale of the real property.(2) If a private transfer fee obligation is not disclosed under subsection (1) of this section and a buyer subsequently discovers the existence of such private transfer fee obligation after title to the property has passed to the buyer, the buyer shall have the right to recover (a) any and all damages resulting from the failure to disclose the private transfer fee obligation, including the amount of any private transfer fee paid by the buyer, or the difference between (i) the market value of the real property if it were not subject to a private transfer fee obligation and (ii) the market value of the real property as subject to a private transfer fee obligation, and (b) all attorney's fees, expenses, and costs incurred by the buyer in seeking the buyer's remedies under this subsection.(3) Any provision in a contract for sale of real property that purports to waive the rights of a buyer under this section shall be void.Source Laws 2011, LB26, § 11.
NE Code § 76-3201 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3201 - Act, how cited.

76-3201.  Act, how cited.Sections 76-3201 to 76-3222 shall be known and may be cited as the Nebraska Appraisal Management Company Registration Act.Source  Laws 2011, LB410, § 1;  Laws 2018, LB17, § 2.
NE Code § 76-3203.02 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3203.02 - Federally regulated appraisal management company; report; board; fees; powers.

76-3203.02.  Federally regulated appraisal management company; report; board; fees; powers.(1) A federally regulated appraisal management company must report all information required to be submitted to the Appraisal Subcommittee pursuant to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, the AMC final rule, and any policy or rule established by the Appraisal Subcommittee related to its operation in this state, including, but not limited to, the collection of information related to ownership limitations.(2) The board may collect and transmit to the Appraisal Subcommittee any fees established by the Appraisal Subcommittee pursuant to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, the AMC final rule, and any policy or rule established by the Appraisal Subcommittee required for inclusion on the AMC National Registry, and collect any fees as deemed appropriate by the board for services provided as related to a federally regulated appraisal management company’s operation in this state.(3) Nothing in the Nebraska Appraisal Management Company Registration Act shall prevent issuance by the board of a registration to a federally regulated appraisal management company.(4) Except for a federally regulated appraisal management company that holds a registration issued by the board, section 76-3202, and this section, a federally regulated appraisal management company is exempt from the Nebraska Appraisal Management Company Registration Act.Source Laws 2018, LB17, § 6.
NE Code § 76-3204 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3204 - Act; exemptions.

76-3204.  Act; exemptions.The Nebraska Appraisal Management Company Registration Act does not apply to:(1) A department or division of a person that provides appraisal management services only to itself; or(2) A person that provides appraisal management services but does not meet the requirement established by subdivision (6)(c) of section 76-3202.Source  Laws 2011, LB410, § 4;  Laws 2015, LB139, § 73;  Laws 2018, LB17, § 7;  Laws 2019, LB77, § 14.
NE Code § 76-3205 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3205 - Company not domiciled in state; service of process.

76-3205.  Company not domiciled in state; service of process.Each appraisal management company that holds a registration but is not domiciled in this state shall submit an irrevocable consent that service of process upon such person may be made by delivery of the process to the director of the board if the plaintiff cannot, in the exercise of due diligence, effect personal service upon the person in an action against the applicant in a court of this state arising out of the person's activities in this state.Source  Laws 2011, LB410, § 5;  Laws 2018, LB17, § 8.
NE Code § 76-3206 (2021)
2021 Nebraska Revised Statutes|Chapter 76 - Real Property|76-3206 - Board; fees.

76-3206.  Board; fees.(1) The board shall charge and collect fees for its services under the Nebraska Appraisal Management Company Registration Act as follows:(a) An application fee of no more than three hundred fifty dollars;(b) An initial registration fee of no more than two thousand dollars;(c) A renewal registration fee of no more than one thousand five hundred dollars; and(d) A late renewal processing fee of twenty-five dollars for each month or portion of a month the renewal registration fee is late.(2) The board may collect and transmit to the Appraisal Subcommittee any fees established by the Appraisal Subcommittee under Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, the AMC final rule, and any policy or rule established by the Appraisal Subcommittee required for inclusion on the AMC National Registry.Source  Laws 2011, LB410, § 6;  Laws 2018, LB17, § 9.