76-2403 Adverse material fact, defined.

NE Code § 76-2403 (2019) (N/A)
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76-2403. Adverse material fact, defined.

Adverse material fact shall mean a fact which (1) significantly affects the desirability or value of the property to a party and is not reasonably ascertainable or known to a party or (2) establishes a reasonable belief that another party will not be able to, or does not intend to, complete that party's obligations under a contract creating an interest in real property.

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