{"data":{"id":"us-ne/neb.-rev.-stat.-76-1727","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 76-1727","heading":"Time-share interval; offer or sale; restrictions.","body":"A developer shall not offer or dispose of a time-share interval:\n(1) If the time-share program is not registered with the commission and not otherwise exempted under section 76-1738, except that a developer may accept a reservation together with a deposit if the deposit is placed in an escrow account with an institution having trust powers and is refundable at any time at the purchaser's option. In all cases, a reservation shall require a subsequent affirmative act by the purchaser by a separate instrument to create a binding obligation;\n(2) While an order revoking or suspending the registration of the time-share program is in effect; or\n(3) If the developer has not designated a duly licensed Nebraska real estate broker who accepts responsibility for the developer's actions in this state.","path":["Chapter 76 - REAL PROPERTY"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=76-1727","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-09-17T21:01:11Z","sha256":"aef04824164c7f1eea559cd02121289031c57c9b3d3d15e3ae11ae3de6d4f0be","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-76-1726","next":"us-ne/neb.-rev.-stat.-76-1728"},"notice":"GroundRules: Original legal text. Not legal advice."}