Neb. Rev. Stat. §§ 76-2724

Current with changes through the 2024 First Special Legislative Session
Section 76-2724 - Equity purchase contract; provisions prohibited

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.

Neb. Rev. Stat. §§ 76-2724

Laws 2008, LB123, § 24.