OpenExamsFREE PRACTICE — ANY EXAM

Nebraska Real Estate Salesperson Licensing Examination — State-Specific Portion — Information & Free Practice

US-NE · Examination information

100 free questions · Answer explanations · No signup required

Start free practice →

Nebraska Real Estate Salesperson Licensing Examination — State-Specific Portion

Examination outline
  • I. DUTIES AND POWERS OF THE REAL ESTATE COMMISSION (5 ITEMS)
    • A. General powers of the Nebraska Real Estate Real Commission (NREC)
    • B. Investigations, complaints, and hearings
    • C. Disciplinary action
    • C. Disciplinary action — 1. License suspension, revocation, and probation
    • C. Disciplinary action — 2. Fines and sanctions
  • II. LICENSING (7–8 ITEMS)
    • A. Licensing requirements
    • B. Activities requiring a real estate license
    • B. Activities requiring a real estate license — 1. Sales
    • B. Activities requiring a real estate license — 2. Auctions
    • B. Activities requiring a real estate license — 3. Property management
    • C. Exemptions to real estate licensure
    • D. Unlicensed assistants
    • E. License required to appraise
    • F. Nonresident license reciprocal agreements
    • G. Handling of licenses
    • G. Handling of licenses — 1. License transfer
    • G. Handling of licenses — 2. License renewal
    • G. Handling of licenses — 3. Branch office
    • H. Errors and omissions insurance
  • III. STATUTORY REQUIREMENTS GOVERNING THE ACTIVITIES OF LICENSEES (15 ITEMS)
    • A. Advertising
    • B. Designated broker/associate broker/salesperson relationships
    • C. Broker supervision
    • C. Broker supervision — 1. Teams
    • D. Commissions and compensation
    • E. Funds of others/72-hour rule
    • F. Offering inducements
    • G. Unauthorized practice of law
    • H. Illegal acts
    • I. Trust accounts
    • J. Record keeping
  • IV. AGENCY (17–18 ITEMS)
    • A. Licensee duties
    • B. Required property disclosures
    • C. Cooperative transactions
    • D. Disclosure of a conflict of interest
    • E. Preparation and handling of offers and other documents
    • F. Listings
    • G. Closings
  • V. ADDITIONAL TOPICS (5 ITEMS)
    • A. Subdivided and out-of-state land sales
    • B. Nebraska Fair Housing Law
    • C. Equitable interest
Examination sources