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Home » US Law » 2022 Nebraska Revised Statutes » Chapter 76 - Real Property

76-102 – Sections; applicability to corporations.

76-102. Sections; applicability to corporations. The provisions of sections 76-101 to 76-123 apply to corporations unless the context indicates a more limited applicability. Source Laws 1941, c. 153, § 2, p. 595; C.S.Supp.,1941, § 76-1002; R.S.1943, § 76-102.

76-103 – Sections; property to which applicable.

76-103. Sections; property to which applicable. Any possessory or future interest, power of appointment or of revocation, which can be created in this state with regard to land, can also be created with regard to anything other than land, including choses in action. Source Laws 1941, c. 153, § 3, p. 595; C.S.Supp.,1941, § 76-1003; […]

76-105 – Powers of appointment, sale, and revocation; effect.

76-105. Powers of appointment, sale, and revocation; effect. An otherwise effective exercise of power of appointment, a power of sale or a power of revocation, whether inter vivos or by a testamentary disposition, transfers or revokes the entire interest which the holder thereof has the power to transfer or to revoke unless an intent to […]

76-106 – Reservation of property; effect.

76-106. Reservation of property; effect. An otherwise effective reservation of property by the conveyor reserves the interest the conveyor had prior to the conveyance unless an intent to reserve a different interest is effectively manifested. Source Laws 1941, c. 153, § 6, p. 595; C.S.Supp.,1941, § 76-1006; R.S.1943, § 76-106. Annotations This section eliminates common-law […]

76-107 – Future interest; conveyance authorized; exceptions; limitations.

76-107. Future interest; conveyance authorized; exceptions; limitations. (1) The conveyance of an existing future interest, whether legal or equitable, is not ineffective on the sole ground that the interest so conveyed is future or contingent, except that possibilities of reverter or rights of reentry for breach of condition subsequent shall not be alienable or devisable. […]

76-108 – Future interest; subject to claims of creditors.

76-108. Future interest; subject to claims of creditors. The subjection to the claims of creditors of a future interest, whether legal or equitable, is not prevented or avoided on the sole ground that such interest is future or contingent. Source Laws 1941, c. 153, § 8, p. 596; C.S.Supp.,1941, § 76-1008; R.S.1943, § 76-108.

76-109 – Property not in possession of conveyor; conveyance effective.

76-109. Property not in possession of conveyor; conveyance effective. Any act which would be effective as a conveyance inter vivos or as a mortgage or as a testamentary disposition of property when the land or thing other than land is in the possession of the conveyor, is effective as a conveyance of the conveyor’s interest […]

76-110 – Fee simple conditional and fee tail; abolished; effect of use.

76-110. Fee simple conditional and fee tail; abolished; effect of use. The creation of fees simple conditional as they existed under the law of England prior to the statute de donis is not permitted. The creation of fees tail is not permitted. The use in an otherwise effective conveyance of property, of language appropriate to […]

76-1103 – Secretary of State; duties; fee.

76-1103. Secretary of State; duties; fee. The Secretary of State shall maintain a separate file for mortgages, security agreements and financing statements on which the debtor is a corporation which is a railroad, or by any corporation including public corporations engaged in the furnishing of electric or telephone service and the uniform fee for filing, […]

76-1104 – Prior mortgages of corporation; validity.

76-1104. Prior mortgages of corporation; validity. Nothing in sections 76-1101 to 76-1104 or in the Uniform Commercial Code shall impair the validity or effectiveness against third parties of any mortgage of real property, or of both real property and goods, including fixtures alone, heretofore made by a corporation which is a railroad, or by any […]

76-111 – Definite failure of issue, defined.

76-111. Definite failure of issue, defined. Whenever property is limited upon the death of any person without heirs or heirs of the body or issue general or special, or descendants or offspring or children or any such relative described by other terms, such limitation, unless a different intent is effectively manifested, is a limitation to […]

76-116 – Future interests; indestructibility of contingent interests.

76-116. Future interests; indestructibility of contingent interests. No future interest, whether legal or equitable, shall be destroyed by the mere termination, in any manner, of any or all preceding interests before the happening of the contingency to which the future interest is subject. Source Laws 1941, c. 153, § 16, p. 597; C.S.Supp.,1941, § 76-1016; […]

76-117 – Cross limitations; creation by implication.

76-117. Cross limitations; creation by implication. When an otherwise effective conveyance of property is made to two or more persons as tenants in common for life or for a term of years which is terminable at their deaths, with an express remainder, whether effective or not, (a) to the survivor of such persons, or (b) […]