Nebraska Revised Statutes

Neb. Rev. Stat. § 76-2403 (2026)

Adverse material fact, defined

✓ current as of July 2026
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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.

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2021–2021 · leading case: Hinson v. Forehead, 30 Neb. Ct. App. 55 (Neb. Ct. App. 2021).
Hinson v. Forehead, 30 Neb. Ct. App. 55 (Neb. Ct. App. 2021). · cites it 10× “Adverse material facts under Neb. Rev. Stat. § 76-2403 (Reissue 2018) include any fact which significantly affects the desirability or value of the property to a party and is not reasonably ascertainable or known to that party, and which may include, but is not limited to, a…”
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