Nebraska § 76-1727 Time-share interval; offer or sale; restrictions

Nebraska Statutes

§ 76-1727 — Time-share interval; offer or sale; restrictions

Nebraska § 76-1727

Ch. 76Real Property

This text of Nebraska § 76-1727 (Time-share interval; offer or sale; restrictions) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 76-1727 (2026).

Text

A developer shall not offer or dispose of a time-share interval:

(1)If the time-share program is not registered with the commission and not otherwise exempted under section 76-1738 , except that a developer may accept a reservation together with a deposit if the deposit is placed in an escrow account with an institution having trust powers and is refundable at any time at the purchaser's option. In all cases, a reservation shall require a subsequent affirmative act by the purchaser by a separate instrument to create a binding obligation;

(2)While an order revoking or suspending the registration of the time-share program is in effect; or

(3)If the developer has not designated a duly licensed Nebraska real estate broker who accepts responsibility for the developer's actions in this state

Free access — add to your briefcase to read the full text and ask questions with AI

A developer shall not offer or dispose of a time-share interval:
(1) If the time-share program is not registered with the commission and not otherwise exempted under section 76-1738 , except that a developer may accept a reservation together with a deposit if the deposit is placed in an escrow account with an institution having trust powers and is refundable at any time at the purchaser's option. In all cases, a reservation shall require a subsequent affirmative act by the purchaser by a separate instrument to create a binding obligation;
(2) While an order revoking or suspending the registration of the time-share program is in effect; or
(3) If the developer has not designated a duly licensed Nebraska real estate broker who accepts responsibility for the developer's actions in this state.