Official Nebraska Government Website
 

Legal 2018 Proposed Rule Amendments License Laws & Regulations/License Manual Agency Relationships Information Complaint Procedures Guidance Documents Landlord and Tenant Act Fair Housing Other Statutory References Commission Policies and Interpretations Sample Listing Agreement Disciplinary Actions Summary Seller Property Disclosure Information Trust Account Manual Specialized Registrations Forms Internet Best Practices


NEBRASKA REAL ESTATE LICENSE ACT

Download Adobe Reader License Act (PDF)

TABLE OF CONTENTS

Subject Statute
ACT HOW CITED
81-885
ACTING WITHOUT A LICENSE
81-885.45
ADDRESS CHANGE
81-885.20 (1)
ADVERTISING
 
Broker Prominence
81-885.24(33)
Team
81-885.24(34)
AGE REQUIREMENTS
81-885.13 (1)
APPEALS
 
Commission Orders
81-885.30
Refusal of Application
81-885.18
APPLICATIONS
 
Form
81-885.11
Refusal of Hearing
 
Decision
81-885.18 (6)
Evidence
81-885.18 (4)
Notice of Refusal
81-885.18 (1)
Notification of Hearing
81-885.18 (3)
Procedure
81-885.18 (5)
Request
81-885.18 (2)
ASSOCIATE BROKER; Defined
81-885.01 (3)
ATTORNEY GENERAL
 
Attorney for Commission
81-885.09
Fees and Expenses
81-885.09
Opinions on Law
81-885.09
Trust Account Enforcement
81.885.22
BRANCH OFFICE
81-885.19
License Requirement
81-885.19
Manager
81-885.19
Trust Account
81-885.21 (5)
BROKER
 
Defined
81-885.01 (2)
Educational Requirement
81-885.13 (3)
Exam Requirement
81-885.13 (4)
Experience Requirement
81-885.13 (3)
Renewal of License
81-885.14 (1)
Active
81-885.14 (1)
Inactive
81-885.14 (2)
BROKER'S PRICE OPINION
 
Defined
81-885.01 (13)
Requirements
81-885.16
CENSURE
81-885.29
CIVIL FINES
 
Authority to Assess
81-885.10
Remit to School Fund
81-885.31(1)
Collection Procedure
81-885.31(2)
CENSURED
81-885.29
COMMISSION; Powers
 
Court Action
81-885.43
Defined
81-885.01 (12)
Fees
81-885.07 (7)
Investigations
81-885.24
Regulate Licenses
81-885.10
Rules and Regulations
81-885.07 (5)
Seal
81-885.08
Seminars
81-885.07 (6)

Top of Page

COMMISSION MEMBERS
 
Appointment
81-885.07 (1)
Compensation
81-885.07 (3)
Qualifications
81-885.07 (1)
Quorum
81-885.07 (2)
Terms
81-885.07 (2)
COMPARATIVE MARKET ANALYSIS; Defined
81-885.01 (14)
COMPENSATION; Action for Recovery
81-885.06
COMPLAINTS
 
Answer to Complaint
81-885.26
By Commission
81-885.44
Hearings
 
Appeal
81-885.30
Depositions
81-885.27
Execution Stayed
81-885.29
Notice
81-885.25
Order
81-885.29
Refusal of Witness
81-885.28
Subpoenas
81-885.27
CONDOMINIUMS
81-885.01 (1)
CONTINUING EDUCATION
 
Activity Approval
81-885.52
Evidence of Completion
81-885.51
Hours Required
81-885.51
Purpose
81-885.49
Renewal of License
 
Active Licensee
81-885.53
Inactive Licensee
81-885.53
Rules and Regulations
81-885.54
Terms, defined
 
Commission
81-885.50 (1)
Licensee
81-885.50 (2)
Two-Year Period
81-885.50 (3)
CRIMINAL HISTORY RECORD CHECK
 
Broker Applicant by Examination
81-885.13 (5)
Fingerprints Required
81-885.13 (5) and 81-885.17 (4)
Nonresident Applicant
81-885.17 (1c), (4)
Salesperson Applicant by Examination
81-885.13 (5)
DEEMED A LICENSEE; When
81-885.03
DESIGNATED BROKER; Defined
81-885.01 (4)
DIRECTOR, Duties
81-885.07 (4)
EDUCATIONAL REQUIREMENTS
 
Broker
81-885.13 (3)
Continuing Education
81-885.53
Salesperson
81-885.13 (2)
ERRORS AND OMISSION INSURANCE
81-885.55
Certificate of coverage
81-885.55 (2)
Group plan
81-885.55 (1)
Unavailable
81-885.55 (3)
EXAMINATION REQUIREMENT
 
Broker
81-885.13 (4)
Salesperson
81-885.13 (4)

Top of Page

EXEMPTIONS TO ACT
 
Attorney    
81-885.04 (2)
Authority of Will
81-885.04 (3)
Broker Employee (Property Management)
81-885.04 (4)
Court Order
81-885.04 (3)
Federal Employee
81-885.04 (5)
Guardian
81-885.04 (3)
Leases - Oil, Gas, or Mineral
81-885.04 (8)
Lessor
81-885.04 (1)
Owner    
81-885.04 (1)
Owner Employee (Property Management)
81-885.04 (4)
Public Utilities
81-885.05
Railroads
81-885.05
Real Estate Taxation
81-885.04 (7)
Receiver
81-885.04 (3)
Relatives of Owner (Property Management)
81-885.04 (4)
Resident Manager
81-885.04 (4)
State Employee
81-885.04 (6)
Trustee
81-885.04 (3)
Witness
81-885.04 (3)
FALSE STATEMENTS
81-885.12 (4)
FEES
 
Application
81-885.14 (1)
Authority to Charge
81-885.07 (7)
Deposit of
81-885.15
Examination
81-885.14 (1)
License
 
Branch
81-885.19
Nonresident
81-885.14 (1)
Resident
81-885.14 (1)
Renewal
 
Inactive Broker
81-885.14 (2)
Inactive Salesperson
81-885.14 (2)
Late Penalty
81-885.14 (1)
Nonresident
81-885.14 (1)
Reexamination
81-885.14 (1)
Resident
81-885.14 (1)
FINGERPRINTS
 
Applicant for Examination
81-885.13 (5)
Nonresident Applicant
81-885.17 (4)
GRANDFATHER CLAUSE (1973)
81-885.46
HEARINGS
 
Depositions
81-885.27
Notice
81-885.25
Order
81-885.29
Appeal
81-885.30
Stay of Execution
81-885.29
Subpoenas
81-885.27
HOW CITED
81-885.47
INACTIVE BROKERS; Defined
81-885.01 (5)
INACTIVE SALESPERSON; Defined
81-885.01 (7)
INDEPENDENT CONTRACTORS
81-885.48

Top of Page

INSURANCE; Errors and Omissions
81-885.55
Certificate of Coverage
81-885.55 (2)
Group Plan
81-885.55 (1)
Unavailable
81-885.55 (3)
INVESTIGATIONS
 
Complaints
81-885.24
Subdivided Land
81-885.35 (1)
LEASEHOLDS
81-885.01 (1)
LICENSES
 
Verification
81-885.19
Form
81-885.19
Refusal of
81-885.12
Renewal
81-885.14 (1)
Requirements
81-885.13
LICENSE RECOGNITION
Issuance
Affidavit
81-885.17 (7)
Verification of License
81-885.17 (3)
Criminal History Record Check
81-885.17 (4)
License Fee
81-885.17 (3)
License Remain in Force
81-885.17 (6)
Reciprocal Agreement
81-885.17 (5)
Required Class
81-885.17 (7)
Service of Process
81-885.17 (2)
Requirements
Nonresident Broker
81-885.17 (1)(a)
Resident Status
81-885.17 (1)(c)
Nonresident Salesperson
81-885.17 (1)(b)
LICENSE REQUIRED
81-885.02
MANAGING PROPERTY
License Exception
81-885.04 (4)
License Required
81-885.01 (2)
OPTIONS
81-885.01(2)
PENALTY
 
Acting Without License
81-885.45
Commission Order
81-885.29
PERSON; Defined
81-885.01 (8)
PROBATION
81-885.29
PROPERTY MANAGEMENT
License Exception
81-885.04 (4)
License Required
81-885.01 (2)
PURCHASER; Defined
81-885.01 (11)
REAL ESTATE; Defined
81-885.01 (1)
RE-EXAMINATION; Inactive Status
81-885.14 (2)

Top of Page

REFUSAL OF LICENSE; Grounds for
 
Convictions
81-885.12 (2)
False Applications
81-885.12 (4)
Licensed Activity Without License
81-885.12 (3)
Reputation
81-885.12 (1)
Revocation of License
81-885.12 (5)
Unpaid Check
81-885.14 (3)
REGULATION OF LICENSE
 
Power to Revoke or Suspend
81-885.10
RENEWAL OF LICENSE
 
Inactive Broker
81-885.14 (2)
Inactive Salesperson
81-885.14 (2)
Late Penalty
81-885.14 (1)
Nonresident
81-885.14 (1)
Resident
81-885.14 (1)
REQUIREMENTS FOR LICENSURE BY EXAMINATION
 
Age
81-885.13 (1)
Criminal History Record Check
81-885.13 (5)
Diploma; GED
81-885.13 (1)
Education
 
Broker
81-885.13 (3)
Salesperson
81-885.13 (2)
Examination
81-885.13 (4)
Experience - Broker
81-885.13 (3)
REVOCATION
81-885.29
RULES AND REGULATIONS
 
Authority
81-885.07 (5)
Continuing Education
81-885.54
SALESPERSON
 
Defined
81-885.01 (6)
Educational Requirements
81-885.13 (2)
Examination Requirement
81-885.13 (4)
Renewal of License
 
Active
81-885.14 (1)
Inactive
81-885.14 (2)
SEMINARS
81-885.07 (6)
SERVICE OF PROCESS
81-885.17 (2)
SUBDIVIDED LAND
 
Approval
 
Annual Fee
81-885.36
Certificate of Registration
81-885.36
Cease and Desist
81-885.39
Certificate
 
Application
81.885.34(1)
Expenses
81.885.35 (1)
Inspection
81.885.35 (1)
Investigation
81.885.35 (1)
Performance Bond
81.885.35 (2)
Service of Process
81-885.35 (3)
Defined
81-885.01 (9)
Exceptions
 
Certain Sales or Leases
81-885.42
Commercial Property
81-885.41
Industrial Property
81-885.41
Failure to Comply
81-885.40
Filing Fee
81-885.34
Interest in Subdivision
81-885.37
Reference to Commission
81-885.38
Unlawful Sale
81-885.33

Top of Page

SUBDIVIDER; Defined
81-885.01 (12)
SUBDIVISION; Defined
81-885.01 (11)
SUSPENSION
81-885.29
TEAMS
 
Record Keeping
81-885.24(31), (32)
Supervisory Responsibility
81-885.56
Team; Defined
81-885.01(09)
Team Leader; Defined
81-885.01(10)
TERMS; Defined
 
Associate Broker
81-885.01 (3)
Broker
81-885.01 (2)
Broker's Price Opinion
81-885.01 (15)
Commission
81-885.01 (14)
Comparative Market Analysis
81-885.01 (16)
Designated Broker
81-885.01 (4)
Distance Education
81-885.01 (17)
Inactive Broker
81-885.01 (5)
Inactive Salesperson
81-885.01 (7)
Person
81-885.01 (8)
Purchaser
81-885.01 (13)
Real Estate
81-885.01 (1)
Regulatory Jurisdiction
81-885.01 (18)
Salesperson
81-885.01 (6)
Subdivided Land
81-885.01 (11)
Subdivider
81-885.01 (12)
Subdivision
81-885.01 (11)
Team
81-885.01(09)
Team Leader
81-885.01(10)
TRANSFERS
81-885.20 (2), (3)
TRUST ACCOUNTS
 
Branch Office
81-885.21 (5)
Commission or Fee
81-885.24 (35)
Examination
81-885.21 (3)
Exemption
81-885.21 (7)
Failure to Comply
81-885.22
Special Counsel
81-885.23
Multiple Accounts
81-885.21 (4)
Non-Interest Bearing
81-885.21 (1), (6)
Where Maintained
81-885.21 (2)
UNFAIR TRADE PRACTICES
81-885.24(1) - (35)
UNLICENSED PERSONS
 
Cease & Desist Order
81-885.03(2)
Fine
81-885.03(3)
USE OF TERM "EMPLOY"
81-885.48
VIOLATIONS OF ACT
 
Court Action
81-885.43
Unfair Trade Practices
81-885.24 (1) - (30)

Top of Page