76-1703. Time-share estate; status with respect to real property interests.
70 words·~1 min read·
/ne/chapter-76/76-1703A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A time-share estate is an estate in real property and has the character and incidents of an estate in fee simple at common law or estate for years, if a leasehold, except as expressly modified by the Nebraska Time-Share Act.
(2)A document transferring or encumbering a time-share estate in real property shall not be rejected for recordation because of the nature or duration of the estate or interest.