76-2724 Equity purchase contract; provisions prohibited. - Nebraska Statutes

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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. SourceLaws 2008, LB123, § 24.Effective Date: July 18, 2008

State Codes and Statutes

Statutes > Nebraska > Chapter76 > 76-2724

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. SourceLaws 2008, LB123, § 24.Effective Date: July 18, 2008

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State Codes and Statutes

Statutes > Nebraska > Chapter76 > 76-2724

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. SourceLaws 2008, LB123, § 24.Effective Date: July 18, 2008