Nebraska Statutes
§ 76-875 — Liens affecting the condominium
Nebraska § 76-875
JurisdictionNebraska
Ch. 76Real Property
This text of Nebraska § 76-875 (Liens affecting the condominium) 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. § 76-875 (2026).
Text
(a)Except as provided in subsection (b) of this section, a judgment for money against the association, if the transcript is properly filed, is not a lien on the common elements, but is a lien in favor of the judgment lienholder against all of the units in the condominium at the time the judgment was entered. No other property of a unit owner is subject to the claims of creditors of the association.
(b)If the association has granted a security interest in the common elements to a creditor of the association pursuant to section 76-870 , the holder of that security interest shall exercise its right against the common elements before its judgment lien on any unit may be enforced.
(c)Whether perfected before or after the creation of the condominium, if a lien other than a deed of trust or m
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Related
McGill Restoration v. Lion Place Condo. Assn.
986 N.W.2d 32 (Nebraska Supreme Court, 2023)
Legislative History
Source: Laws 1983, LB 433, § 51.
Annotations: A judgment against a condominium association results in a lien against each of the units. But a party who obtains a judgment for money against a condominium association may not levy execution against a unit owned by someone other than the condominium association. McGill Restoration v. Lion Place Condo. Assn., 313 Neb. 658, 986 N.W.2d 32 (2023).
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 costsCite This Page — Counsel Stack
Bluebook (online)
Nebraska § 76-875, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/76-875.