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). “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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