The purpose of this article is to analyze the concept of condominium, explain some of the legal problems involved, and determine if the Nebraska statute adequately solves them. Although condominiums could be used for residence, office, industry, business, or any combination thereof, this article is focused primarily on horizontal residential condominiums, with infrequent references to the other types.
I. Introduction
II. The Condominium Concept
III. Condominium vs. Conventional Cooperative
IV. FHA Mortgage Insurance
V. Establishment of a Condominium
VI. Common Elements and Expenses
VII. Insurance
VIII. Destruction of the Premises
IX. The Undesirable Owner
X. Tort and Contract Liability
XI. Taxation
XII. Waiver of the Regime
XIII. Conclusio
