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Statute 40 112 — Nebraska Law | CourtGPT
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  6. Statute 40 112
Nebraska Legal Code

Statute 40 112

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40-112. Indivisible homestead; sale; proceeds; disposition.If the sale is made, the proceeds thereof, to the amount of the homestead exemption, must be paid to the claimant, and the balance applied to the satisfaction of the execution.Source Laws 1879, § 12, p. 60; R.S.1913, § 3087; C.S.1922, § 2827; C.S.1929, § 40-112; R.S.1943, § 40-112. Annotations Sheriff's deed on execution sale of homestead passes title to purchaser, where homestead interest is extinguished by mortgage thereof. Hess v. Eselin, 110 Neb. 590, 194 N.W. 469 (1923).