76-818. Sale of apartment; expenses; deducted from sale.
79 words·~1 min read·
/ne/chapter-76/76-818A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the sale or conveyance of an apartment, all unpaid assessments against a co-owner for his pro rata share in the expenses to which section 76-817 refers shall first be paid out of the sales price or by the acquirer in preference over any other assessments or charges of whatever nature except the following:
(1)Assessments, liens, and charges for taxes past due and unpaid on the apartment; and
(2)Payments due under duly recorded mortgage and lien instruments.