Nebraska § 76-2724 Equity purchase contract; provisions prohibited

Nebraska Statutes

§ 76-2724 — Equity purchase contract; provisions prohibited

Nebraska·Ch. 76 Real Property

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.

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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.

Nebraska § 76-2724 (Equity purchase contract; provisions prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.