Neb. Rev. Stat. §76-860
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Nebraska Condominium Act — Unit Owners Association; Powers

Enumerates 15 powers of the unit owners association, including bylaws and rules, budgets and assessments, hiring, litigation (requires 80% affirmative vote excluding declarant votes), contracts, common element regulation, improvements, and property acquisition. Includes authority to impose late fees and fines, prepare documents, and maintain insurance.

Status Active
Verified Apr 15, 2026
Source Official text

Reviewed · Nebraska changes feed

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 76-860 Revised Statutes Chapter 76 76-860 Print Friendly View Statute 76-859 Chapter 76 Index View Statute 76-861 Chapter 76 76-860. Unit owners association; powers. (a) Except as provided in subsection (b) of this section and subject to the provisions of the declaration, the association, even if unincorporated, may: (1) Adopt and amend bylaws and rules and regulations; (2) Adopt and amend budgets for revenue, expenditures, and reserves and collect assessments for common expenses from unit owners; (3) Hire and discharge managing agents and other employees, agents, and independent contractors; (4) Institute or intervene as a plaintiff in litigation or administrative proceedings, other than litigation or administrative proceedings to enforce covenants, bylaws, or rules against unit owners or the unit owners association, in its own name on behalf of itself or two or more unit owners on matters affecting the condominium upon the affirmative vote of at least eighty percent of the votes in the association exclusive of the declarant; (5) Make contracts and incur liabilities; (6) Regulate the use, maintenance, repair, replacement, and modification of common elements; (7) Cause additional improvements to be made as a part of the common elements; (8) Acquire, hold, encumber, and convey in its own name any right, title, or interest to real or personal property, but common elements may be encumbered, conveyed, or subjected to a security interest only pursuant to section 76-870 ; (9) Grant easements, leases, licenses, and concessions through or over the common elements; (10) Impose and receive any payments, fees, or charges for the use, rental, or operation of the common elements, other than limited common elements described in subdivisions (2) and (4) of section 76-839 , and for services provided to unit owners; (11) Impose charges for late payment of assessments and, after notice and opportunity to be heard, levy reasonable fines for violations of the declaration, bylaws, and rules and regulations for the association; (12) Impose reasonable charges for the preparation and recordation of …
Financial
Ref Requirement
Includes authority to impose late fees and fines, prepare documents, and maintain insurance.
Governance
Ref Requirement
Enumerates 15 powers of the unit owners association, including bylaws and rules, budgets and assessments, hiring, litigation (requires 80% affirmative vote excluding declarant votes), contracts, common element regulation, improvements, and property acquisition.
Legal references last verified April 15, 2026. This content is educational and informational. It does not constitute legal advice. Consult a licensed attorney in your state for legal guidance specific to your situation.
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