Nebraska Statutes
§ 76-1703 — Time-share estate; status with respect to real property interests
Nebraska·Ch. 76 Real Property
(1)A time-share estate is an estate in real property and has the character and incidents of an estate in fee simple at common law or estate for years, if a leasehold, except as expressly modified by the Nebraska Time-Share Act.
(2)A document transferring or encumbering a time-share estate in real property shall not be rejected for recordation because of the nature or duration of the estate or interest.
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Nebraska § 76-1703 (Time-share estate; status with respect to real property interests) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: Laws 1980, LB 945, § 3; Laws 2001, LB 68, § 3.
Nearby Sections
15
§ 76-1001
Terms, defined§ 76-1003
Trustee; qualification§ 76-1004
Successor trustee; appointment by
beneficiary; effect; substitution of trustee; recording; form§ 76-1005
Power of sale conferred on trustee§ 76-101
Terms, defined§ 76-1011.01
Sale of trust property; proceeds of sale; disposition; objecting party; attorney's fees and costs