52-129. Protected party, residential real estate, defined. 1. (a) An individual who contracts to give a real estate security interest in, or to buy or to have improved, residential real estate all or a part of which he or she occupies or intends to occupy as a residence; 2. Residential real estate shall mean, in relation to a protected party, real estate, improved or to be improved, containing not more than four dwelling units and no nonresidential uses for which the protected party is a lessor. A condominium unit that is otherwise residential real estate remains so even though the condominium development contains more than four dwelling units or units used for nonresidential purpose. Source Laws 1981, LB 512, 5. One must intend to occupy the real estate as a residence to be considered a protected party. Midlands Rental & Mach., Inc. v. Christensen Ltd., 252 Neb 806, 566 N. W.2d 115 (1997). |
a. Contracts for mining, removal of timber, sod removal, farming or other contracts in which the activity is primarily for the purpose of realizing upon the disposal or removal of the objects removed
b. Contracts for the planting, cultivation, or harvesting of crops or for the preparation of the soil for planting of crops.
c. Contracts for services in connection with financing (survey, appraisal, underwriting, etc.)
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