Nebraska § 76-2429 Sections; supersede common law; extent;
construction

Nebraska Statutes

§ 76-2429 — Sections; supersede common law; extent; construction

Nebraska § 76-2429

Ch. 76Real Property

This text of Nebraska § 76-2429 (Sections; supersede common law; extent; construction) 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. § 76-2429 (2026).

Text

Sections  76-2401  to  76-2430  shall supersede
the duties and responsibilities of the parties under the common law, including
fiduciary responsibilities of an agent to a principal, except as provided
in subsection (6) of section  76-2422 . Sections  76-2401  to  76-2430  shall be
construed broadly to accomplish their purposes.

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Legislative History

Source: Laws 1994, LB 883, § 29; Laws 2011, LB25, § 14. Annotations: Case law defining common-law fiduciary duties is irrelevant to the determination whether a real estate broker breached the duties owed by statute, unless otherwise specified in a written agency agreement pursuant to section 76-2422(6). Professional Mgmt. Midwest v. Lund Co., 284 Neb. 777, 826 N.W.2d 225 (2012). Unless otherwise specified in a written agency agreement pursuant to section 76-2422(6), the fiduciary duties owed by a real estate broker derive only from the performance of limited activities defined in section 81-885.01(2). Professional Mgmt. Midwest v. Lund Co., 284 Neb. 777, 826 N.W.2d 225 (2012).