76-1304. Application of sections; exceptions.
190 words·~1 min read·
/ne/chapter-76/76-1304A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Unless the method of disposition is adopted for the purpose of evasion of the provisions of sections 76-1301 to 76-1315 , such provisions shall not apply to offers or dispositions of any lot or unit in a retirement subdivision or community by a purchaser for his or her own account in a single or isolated transaction, nor shall such provisions apply to the following:
(1)Offers or dispositions of evidences of indebtedness secured by a mortgage or deed of trust of real estate;
(2)Offers or dispositions of securities or units of interest issued by a real estate investment trust regulated under any state or federal statute;
(3)The sale or lease of real estate under or pursuant to court order;
(4)The disposition in any manner whatsoever of any unit of public housing under the administrative jurisdiction of a local public housing authority;
(5)Offers or dispositions of securities currently registered with the Director of Banking and Finance and under the provisions of the Securities Act of Nebraska; and
(6)Health care facilities licensed by the Department of Health and Human Services under the Health Care Facility Licensure Act.