The Nebraska Condominium Property Act

The purpose of this article is to analyze the concept of condominium, explain some of the legal problems involved, and determine if the Nebraska statute adequately solves them. Although condominiums could be used for residence, office, industry, business, or any combination thereof, this article is focused primarily on horizontal residential condominiums, with infrequent references to the other types. I. Introduction II. The Condominium Concept III. Condominium vs. Conventional Cooperative IV. FHA Mortgage Insurance V. Establishment of a Condominium VI. Common Elements and Expenses VII. Insurance VIII. Destruction of the Premises IX. The Undesirable Owner X. Tort and Contract Liability XI. Taxation XII. Waiver of the Regime XIII. Conclusion