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2019 Nebraska Revised Statutes
Chapter 76 - REAL PROPERTY
76-818 Sale of apartment; expenses; deducted from sale.
Universal Citation: NE Code § 76-818 (2019)
76-818. Sale of apartment; expenses; deducted from sale.
Upon the sale or conveyance of an apartment, all unpaid assessments against a co-owner for his pro rata share in the expenses to which section 76-817 refers shall first be paid out of the sales price or by the acquirer in preference over any other assessments or charges of whatever nature except the following:
(1) Assessments, liens, and charges for taxes past due and unpaid on the apartment; and
(2) Payments due under duly recorded mortgage and lien instruments.
Source
- Laws 1963, c. 429, ยง 18, p. 1443.
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