Neb. Rev. Stat. §76-842
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Nebraska Condominium Act — Declaration; Contents
Prescribes required contents of the condominium declaration. For condominiums with more than 15 units, the declaration must include a preventive maintenance plan prepared by a licensed engineer or architect, including depreciation studies and reserve analyses, an annually updated five-year capital plan, and minimum financial reserves based on the reserve analyses. Added by Laws 2013, LB442.
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Statutory Text
Verified Aug 5, 2026 · OTHER
Nebraska Legislature NEBRASKA LEGISLATURE The official site of the Nebraska Unicameral Legislature MENU Home Chamber Viewer View Bills One Liners Statutes Summary Hearings Agenda Journal Budget Rule Book Constitution Legislature About The Nebraska State Legislature The Budget Process History of the Unicameral Lawmaking in Nebraska Maps Nebraska Blue Book On Unicameralism Photos Publications Senator Qualifications Student Programs Testifying at a Hearing Unicameral Update Visiting the Capitol Bills and Laws Introduction Search Bills Search Laws Print On Demand Calendar Committees About Standing and Special Committees Standing Committees Public Input Options Select & Special Committees Compact Commissions Hearing Schedules Occupational Board Reform Act Survey Results Legislative Divisions Clerk of the Legislature Legislative Oversight Legislative Fiscal Office Legislative Research Office Public Counsel/Ombudsman Revisor of Statutes Legislative Histories History Request News Reports Overview Agencies Committee Fiscal/Budget General Research Interim Studies Lobbyist Registration Legislative Oversight Public Counsel Revisor of Statutes Senators Senators' Landing Pages Senators' Duties Speaker Find your Senator Photos Session Information Transcripts For Agencies For Citizens For Journalists For Lobbyists For Students and Teachers Nebraska Revised Statute 76-842 Revised Statutes Chapter 76 76-842 Print Friendly View Statute 76-841 Chapter 76 Index View Statute 76-843 Chapter 76 76-842. Declaration; contents. (a) The declaration for a condominium must contain: (1) the name of the condominium, which must include the word condominium or be followed by the words a condominium, and the name of the association; (2) the name of every county in which any part of the condominium is situated; (3) a legally sufficient description of the real estate included in the condominium; (4) a statement of the anticipated number of units which the declarant reserves the right to create, subject to an amendment of the declaration to add more units pursuant to the Nebraska Condominium Act; (5) a description of the boundaries of each unit created by the declaration, including the unit's identifying number; (6) a description of any limited common elements, other than those specified in subdivision (b)(8) of section 76-846 ; (7) a general description of any development rights and other special declarant rights defined in subdivision (23) of section 76-827 reserved by the declarant; (8) an allocation to each unit of the allocated interests in the manner described in section 76-844 ; (9) any restrictions on use, occupancy, and alienation of the units; (10) for a condominium project with more than fifteen units, exclusive of common area, a plan prepared by a licensed engineer or architect for the preventive maintenance of the condominium and all common elements therein, including, but not limited to, depreciation studies and reserve analyses, an annually updated five-year capital plan, and minimum financial reserves based on the reserve analyses; and (11) all matters required by sections 76-843 to 76-846 , 76-852 , and 76-853 , and subsection (d) of section 76-861 . (b) Except as otherwise provided in section 76-856 , the declaration may contain any other matters the declarant deems appropriate. Source Laws 1983, LB 433, § 18; Laws 2013, LB442, § 3; Laws 2020, LB808, …
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Financial
| Ref | Requirement |
|---|---|
| For condominiums with more than 15 units, the declaration must include a preventive maintenance plan prepared by a licensed engineer or architect, including depreciation studies and reserve analyses, an annually updated five-year capital plan, and minimum financial reserves based on the reserve analyses. |
Reserves
| Ref | Requirement |
|---|---|
| Prescribes required contents of the condominium declaration. | |
| Added by Laws 2013, LB442. |
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Legal references last verified April 15, 2026.
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