Nebraska § 76-818 Sale of apartment; expenses; deducted from sale

Nebraska Statutes

§ 76-818 — Sale of apartment; expenses; deducted from sale

Nebraska·Ch. 76 Real Property

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.

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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.

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