Partly. The Nebraska Condominium Act requires the declaration for a condominium project with more than 15 units to include a preventive maintenance plan, prepared by a licensed engineer or architect, with depreciation studies and reserve analyses, an annually updated five-year capital plan and minimum reserves [Neb. Rev. Stat. 76-842]. We found no other reserve study rule in the act, and we did not find a separate Nebraska statute for homeowners associations to check.
Last verified October 12, 2026 by ReservePath research.
| Reserve study required | For some associations |
|---|---|
| Applies to | Condominiums |
| How often | No interval set by statute |
| Site inspection required | No statewide rule found |
The Nebraska Condominium Act says the declaration for a condominium project with more than 15 units must contain a preventive maintenance plan prepared by a licensed engineer or architect. That plan must include depreciation studies and reserve analyses, an annually updated five-year capital plan, and minimum financial reserves based on the reserve analyses [Neb. Rev. Stat. 76-842(a)(10)]. The act applies to condominiums created after January 1, 1984 [76-826]. (see sources)
We found no statewide rule on this in the statutes listed under Sources.
We found no statewide rule on this in the statutes listed under Sources.
For condominium projects with more than 15 units, the required plan in the declaration must include minimum financial reserves based on the reserve analyses (Neb. Rev. Stat. 76-842). We found no other statute setting a reserve funding level. (see sources)
The resale information a seller must give includes the association's most recent balance sheet and income and expense statement and its current operating budget, if any. The list in Neb. Rev. Stat. 76-884 does not name reserves. (see sources)
The preventive maintenance plan, including its reserve analyses, must be prepared by a licensed engineer or architect (Neb. Rev. Stat. 76-842). (see sources)
ReservePath supports full studies, updates with a site visit and updates without one, 30-year funding projections, and study renewal reminders based on the cycle you set for each study. It includes in-app compliance guidance for each state as a starting point. The preparer and the association's attorney remain responsible for confirming what the law requires.
The Nebraska Condominium Act says the declaration for a condominium project with more than 15 units must contain a preventive maintenance plan prepared by a licensed engineer or architect. That plan must include depreciation studies and reserve analyses, an annually updated five-year capital plan, and minimum financial reserves based on the reserve analyses [Neb. Rev. Stat. 76-842(a)(10)]. The act applies to condominiums created after January 1, 1984 [76-826].
The preventive maintenance plan, including its reserve analyses, must be prepared by a licensed engineer or architect (Neb. Rev. Stat. 76-842).
For condominium projects with more than 15 units, the required plan in the declaration must include minimum financial reserves based on the reserve analyses (Neb. Rev. Stat. 76-842). We found no other statute setting a reserve funding level.
The resale information a seller must give includes the association's most recent balance sheet and income and expense statement and its current operating budget, if any. The list in Neb. Rev. Stat. 76-884 does not name reserves.
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