Are there limits on how many condos can be in a single complex?

Yes, there are limits on how many condos can be in a single complex in Nebraska. The Nebraska Condominium Act sets out the rules for a condo complex and one of those rules is that there must be no more than 99 condominiums in a single complex. This limit applies regardless of the number of buildings within the complex. The Act also states that there cannot be more than four condominiums in any single building. Although there is no specified maximum for the total number of buildings in a complex, the 99-unit maximum is a hard limit. The purpose of the maximums is to reduce the risk of overbuilding in a complex. Too many condos in a single complex can have an adverse effect on the market value of the complex since the number of potential buyers is limited. By limiting the number of condos in a complex, developers are able to ensure that the complex remains desirable and valuable over time. Overall, the 99-unit limit for a complex and the four-condo limit for individual buildings serves as a safeguard for developers and buyers alike. It helps to ensure that the complex remains accessible and desirable to potential buyers.

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