Neb. Rev. Stat. » Chapter 25
Nebraska Revised Statutes

Neb. Rev. Stat. § 25-2193 (2026)

Encumbrances; life estate or estate for years; settlement in gross; investment of proceeds

✓ current as of July 2026
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If an estate for life or years be found to exist as an encumbrance upon any part of said property, and if the parties cannot agree upon the sum in gross which they will consider an equivalent for such estate, the court shall direct the avails of the encumbered property to be invested, and the proceeds to be paid to the encumbrancer during the existence of the encumbrance.

Notes of Decisions
Cited in 2 cases, 1950–1958 · leading case: Baskins v. Krepcik, 43 N.W.2d 624 (Neb. 1950).
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Baskins v. Krepcik, 43 N.W.2d 624 (Neb. 1950). · cites it 11× “Freeman, Cotenancy & Partition, section 549, page 662, states: "The parties before the Court whose title has been divested by the sale may have a vast variety of interests.”
Hartman v. Drake, 87 N.W.2d 895 (Neb. 1958). · cites it 4× “" Section 25-2193, R.R.S.1943, provides: "If an estate for life or years be found to exist as an encumbrance upon any part of said property, and if the parties cannot agree upon the sum in gross which they will consider an equivalent for such estate, the court shall direct the…”
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